Horizon Investments LLC Trims Stake in iShares Silver Trust $SLV

Horizon Investments LLC trimmed its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 95.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,593 shares of the exchange traded fund’s stock after selling 148,923 shares during the quarter. Horizon Investments LLC’s holdings in iShares Silver Trust were worth $425,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Brighton Jones LLC raised its stake in iShares Silver Trust by 9.2% in the fourth quarter. Brighton Jones LLC now owns 18,858 shares of the exchange traded fund’s stock valued at $497,000 after purchasing an additional 1,595 shares in the last quarter. Bison Wealth LLC purchased a new stake in iShares Silver Trust in the fourth quarter valued at approximately $238,000. Capstone Wealth Management Group LLC purchased a new stake in iShares Silver Trust in the first quarter valued at approximately $443,000. Schnieders Capital Management LLC. raised its stake in iShares Silver Trust by 15.0% in the second quarter. Schnieders Capital Management LLC. now owns 9,975 shares of the exchange traded fund’s stock valued at $327,000 after purchasing an additional 1,300 shares in the last quarter. Finally, First Trust Advisors LP purchased a new stake in iShares Silver Trust in the second quarter valued at approximately $886,000.

iShares Silver Trust Price Performance

Shares of SLV opened at $73.01 on Friday. The firm’s 50 day simple moving average is $70.31 and its 200 day simple moving average is $65.45. The company has a market capitalization of $41.32 billion, a P/E ratio of -8.51 and a beta of 0.45. iShares Silver Trust has a 1-year low of $29.09 and a 1-year high of $109.83.

Key Headlines Impacting iShares Silver Trust

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

• 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 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.