iShares Silver Trust (NYSEARCA:SLV) Shares Gap Up – Here’s Why

iShares Silver Trust (NYSEARCA:SLV) gapped up prior to trading on Friday . The stock had previously closed at $67.73, but opened at $71.21. iShares Silver Trust shares last traded at $70.7180, with a volume of 18,225,837 shares changing hands.

Key iShares Silver Trust News

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

• Positive Sentiment: U.S. CPI-driven strength gave broad support to precious metals, helping silver rebound and lift SLV as traders priced in inflation hedging demand. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Climbed Back Above $5000
• Positive Sentiment: Pre-CPI positioning and short-term price gains ahead of the report helped fuel buying interest in silver ETFs. Price gains for gold, silver ahead of U.S. CPI
• Positive Sentiment: Physical-market signs — plunging inventory and stronger physical demand — support a tighter silver market structure, a bullish fundamental for SLV over time. Silver inventory plunges as physical demand challenges western pricing benchmarks
• Positive Sentiment: Commentary from market writers and analysts frames the recent selloff as temporary, encouraging dip-buying in ETFs like SLV. Wait and see, this great silver selloff is temporary | SLV
• Neutral Sentiment: Some strategists see relative value in mining equities as metals wobble; that shifts capital between miners and bullion ETFs but is a mixed signal for SLV specifically. As gold and silver struggle, Franklin Templeton sees value in mining stocks
• Negative Sentiment: A former bullion bank executive says the roughly 10.5% drop in silver reflects structural liquidation (forced selling, market structure) rather than market manipulation — a warning that volatility and liquidation risk remain. Silver’s 10.5% Drop Reflects Structural Liquidation, Not Manipulation, Says Former Bullion Bank Executive
• Negative Sentiment: Several reports document rapid, unexplained sell-offs and a near double-digit pullback in silver last week — underscoring elevated short-term risk for SLV holders. Gold, silver sell off rapidly; reasons are unknown

iShares Silver Trust Stock Up 4.3%

The stock has a market capitalization of $38.90 billion, a P/E ratio of -8.51 and a beta of 0.38. The company has a 50 day moving average of $72.44 and a 200-day moving average of $52.09.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Raymond James Financial Inc. lifted its holdings in iShares Silver Trust by 12.7% in the third quarter. Raymond James Financial Inc. now owns 2,786,172 shares of the exchange traded fund’s stock worth $118,050,000 after acquiring an additional 313,816 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of iShares Silver Trust by 27.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,676,218 shares of the exchange traded fund’s stock worth $113,391,000 after purchasing an additional 573,660 shares during the last quarter. Bank of Montreal Can boosted its position in iShares Silver Trust by 505.8% during the 4th quarter. Bank of Montreal Can now owns 2,218,970 shares of the exchange traded fund’s stock valued at $142,946,000 after purchasing an additional 1,852,688 shares during the period. Commonwealth Equity Services LLC boosted its position in iShares Silver Trust by 1.3% during the 3rd quarter. Commonwealth Equity Services LLC now owns 2,023,406 shares of the exchange traded fund’s stock valued at $85,732,000 after purchasing an additional 26,710 shares during the period. Finally, Mainstay Capital Management LLC ADV grew its stake in iShares Silver Trust by 82.5% during the 4th quarter. Mainstay Capital Management LLC ADV now owns 1,824,479 shares of the exchange traded fund’s stock worth $117,533,000 after buying an additional 824,589 shares during the last quarter.

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.