Financial Partners Group Inc acquired a new position in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 7,896 shares of the exchange traded fund’s stock, valued at approximately $509,000.
Several other institutional investors have also recently modified their holdings of SLV. Nexus Investment Management ULC raised its position in shares of iShares Silver Trust by 50.0% during the 3rd quarter. Nexus Investment Management ULC now owns 750 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 250 shares during the last quarter. Raleigh Capital Management Inc. acquired a new position in shares of iShares Silver Trust during the 3rd quarter worth approximately $32,000. Rialto Wealth Management LLC acquired a new position in shares of iShares Silver Trust during the 4th quarter worth approximately $33,000. Farmers & Merchants Trust Co of Chambersburg PA raised its position in shares of iShares Silver Trust by 274.2% during the 4th quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 580 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 425 shares during the last quarter. Finally, Hopwood Financial Services Inc. acquired a new position in shares of iShares Silver Trust during the 3rd quarter worth approximately $38,000.
iShares Silver Trust Price Performance
Shares of iShares Silver Trust stock opened at $73.01 on Friday. iShares Silver Trust has a 1 year low of $29.09 and a 1 year high of $109.83. The company has a market capitalization of $41.32 billion, a P/E ratio of -8.51 and a beta of 0.45. The business has a 50 day moving average price of $70.31 and a 200 day moving average price of $65.45.
Key iShares Silver Trust News
- Positive Sentiment: Silver prices are firming as traders focus on falling Treasury yields and a weaker oil backdrop, both of which tend to support non-yielding metals like silver. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Moves Higher Amid Falling Treasury Yields
- Positive Sentiment: Kitco reported that gold and silver extended gains after U.S. payrolls beat forecasts, reinforcing momentum in the metals complex and keeping silver in focus for continued upside. Gold, silver extend gains as payrolls beat forecasts – Kitco AM Report
- Positive Sentiment: Multiple reports said silver outperformed gold and traders are positioning for another leg higher, with technical analysts and market commentators pointing to strong bullish momentum in the metal. Gold and Silver Technical Analysis: Peace Hopes Lift Metals Ahead of Jobs Data
- Neutral Sentiment: Commentary from 247WallSt highlighted SLV’s big one-year gain, but also noted the fund’s 0.50% fee and tax treatment, which are longer-term structural considerations rather than a direct near-term catalyst. SLV Is Up 132% in a Year, But Its 0.50% Fee and 28% Tax Rate Tell a Different Story
- Neutral Sentiment: Market watchers also said the precious-metals rally could continue if geopolitical tensions ease further, but they emphasized that silver still needs a confirmed technical breakout to sustain the move. Gold and silver’s historic rally could resume ‘as fog of war lifts’, market watchers say
iShares Silver Trust 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.
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