Thoroughbred Financial Services LLC Acquires 9,811 Shares of iShares Silver Trust $SLV

Thoroughbred Financial Services LLC boosted its holdings in iShares Silver Trust (NYSEARCA:SLV) by 77.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,513 shares of the exchange traded fund’s stock after acquiring an additional 9,811 shares during the quarter. Thoroughbred Financial Services LLC’s holdings in iShares Silver Trust were worth $1,450,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Kingsview Wealth Management LLC lifted its holdings in shares of iShares Silver Trust by 14.2% during the 4th quarter. Kingsview Wealth Management LLC now owns 84,291 shares of the exchange traded fund’s stock valued at $5,430,000 after buying an additional 10,471 shares during the period. Eaton Financial Holdings Company LLC bought a new position in shares of iShares Silver Trust during the 4th quarter valued at $2,758,000. PSI Advisors LLC bought a new position in shares of iShares Silver Trust during the 4th quarter valued at $257,000. Client First Investment Management LLC bought a new position in shares of iShares Silver Trust during the 4th quarter valued at $6,963,000. Finally, Fidelis Capital Partners LLC lifted its holdings in shares of iShares Silver Trust by 147.3% during the 4th quarter. Fidelis Capital Partners LLC now owns 14,521 shares of the exchange traded fund’s stock valued at $935,000 after buying an additional 8,650 shares during the period.

Key Stories Impacting iShares Silver Trust

Here are the key news stories impacting iShares Silver Trust this week:

• Positive Sentiment: Silver prices moved higher as traders scaled back bets on hawkish Federal Reserve policy and reacted to improving risk sentiment tied to Middle East peace optimism, which can lift bullion-backed ETFs like SLV. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Rebounds As Traders Bet On Iran Deal
• Positive Sentiment: Some analysts remain constructive on silver over the long term, with commentary suggesting the metal could still see higher prices later this year even as near-term volatility stays elevated. Silver can reach $100 an ounce this year, but the momentum won’t last – Bank of America
• Neutral Sentiment: Entrata, a private-equity-backed software company tied to Silver Lake, filed for a U.S. IPO. This is not directly related to SLV’s holdings, but it added to news flow around the “Silver” name. Silver Lake-backed property management software firm Entrata files for US IPO
• Negative Sentiment: Several reports said silver’s sharp rally may be running into resistance, with weak industrial demand, overvaluation concerns, and talk of demand destruction potentially pressuring prices. Silver Rally Faces Pressure: Time for Inverse ETFs?
• Negative Sentiment: UBS and other analysts warned that silver’s industrial uses make it more sensitive to economic slowing, which could reduce demand and weigh on the trust if the metal pulls back further. Silver could fall further after latest slump, analysts say as they warn of demand destruction

iShares Silver Trust Price Performance

NYSEARCA SLV opened at $68.36 on Friday. The business’s fifty day moving average price is $68.57 and its 200-day moving average price is $68.36. The stock has a market capitalization of $38.69 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45. iShares Silver Trust has a 1-year low of $29.78 and a 1-year high of $109.83.

iShares Silver Trust Company Profile

iShares Silver Trust (the Trust) owns silver transferred to the Trust in exchange for shares issued by the Trust. The Trust’s each share represents a fractional undivided beneficial interest in its net assets. The assets of the Trust consist of silver held by the Trust’s custodian on behalf of the Trust. The activities of the Trust are limited to issuing baskets of shares in exchange for the silver deposited with the custodian as consideration, selling silver as necessary to cover the sponsor’s fee, Trust expenses not assumed by the sponsor and other liabilities, and delivering silver in exchange for baskets of shares surrendered for redemption.