J.W. Cole Advisors Inc. boosted its position in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 16.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 100,517 shares of the exchange traded fund’s stock after buying an additional 13,980 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in iShares Silver Trust were worth $4,259,000 at the end of the most recent reporting period.
Several other institutional investors have also recently bought and sold shares of the company. Redhawk Wealth Advisors Inc. boosted its holdings in iShares Silver Trust by 2.1% in the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 11,819 shares of the exchange traded fund’s stock valued at $501,000 after purchasing an additional 239 shares during the period. Swisher Financial Concepts Inc. raised its position in shares of iShares Silver Trust by 1.4% during the third quarter. Swisher Financial Concepts Inc. now owns 17,205 shares of the exchange traded fund’s stock valued at $729,000 after buying an additional 240 shares during the last quarter. Nexus Investment Management ULC lifted its stake in shares of iShares Silver Trust by 50.0% in the third quarter. Nexus Investment Management ULC now owns 750 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 250 shares during the period. Silver Oak Securities Incorporated grew its position in iShares Silver Trust by 0.6% during the third quarter. Silver Oak Securities Incorporated now owns 42,936 shares of the exchange traded fund’s stock worth $1,819,000 after buying an additional 251 shares in the last quarter. Finally, Ironwood Wealth Management LLC. grew its position in iShares Silver Trust by 3.2% during the third quarter. Ironwood Wealth Management LLC. now owns 8,203 shares of the exchange traded fund’s stock worth $348,000 after buying an additional 255 shares in the last quarter.
iShares Silver Trust Trading Down 15.8%
Shares of NYSEARCA:SLV opened at $66.69 on Friday. The firm has a market capitalization of $36.71 billion, a PE ratio of -8.51 and a beta of 0.38. iShares Silver Trust has a 1-year low of $26.57 and a 1-year high of $109.83. The business’s 50 day moving average is $70.40 and its 200-day moving average is $50.79.
Key Stories Impacting iShares Silver Trust
- Positive Sentiment: Short-lived rebounds show there is still buyer interest and technical support attempts after last week’s historic selloff; these rebounds can produce short covering and volatility-driven bounce opportunities. Gold, silver extend price rebounds
- Neutral Sentiment: Some analysts argue fundamentals still favor metals over the medium term even if the “explosive” move won’t repeat immediately — a reminder SLV’s long-term thesis may remain intact despite near-term pain. Gold and silver unlikely to repeat “explosive rally” but should still climb steadily
- Neutral Sentiment: Options and trading flows have amplified moves — increased volatility draws speculators and hedgers, which can deepen short-term swings in SLV but doesn’t directly change underlying metal fundamentals. How Are Options Traders Playing Silver’s Wild Swings?
- Negative Sentiment: Deleveraging and margin calls appear to have triggered heavy forced selling in silver, precipitating a steep drop in prices that directly hurts SLV. Silver Dives 13% On Deleveraging
- Negative Sentiment: Market shock tied to a Fed chair nomination and its policy implications rattled silver — SLV dropped sharply after that news, erasing months of gains in a matter of days. SLV Plunged 35.6% in Five Days After Fed Chair Nomination Rattled Silver Markets
- Negative Sentiment: Macro forces — dollar strength and easing geopolitical (Iran) tensions — have reduced safe-haven demand for silver, contributing to the recent slide. Dollar Surge Hits Gold, Silver Pressure
- Negative Sentiment: Demand-side risk: major jewellers (e.g., Pandora) are pivoting away from silver toward alternatives like platinum to reduce exposure to silver-price volatility, a potential headwind for physical demand over time. Pandora aims to break with volatile silver market, CEO says
About iShares Silver Trust
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.
Featured Stories
- Five stocks we like better than iShares Silver Trust
- Your Bank Account Is No Longer Safe
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
- When to buy gold (mathematically)
- NEW LAW: Congress Approves Setup For Digital Dollar?
- GOLD ALERT
Want to see what other hedge funds are holding SLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Silver Trust (NYSEARCA:SLV – Free Report).
Receive News & Ratings for iShares Silver Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Silver Trust and related companies with MarketBeat.com's FREE daily email newsletter.
