Quadrature Capital Ltd lifted its position in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 1,691.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 960,353 shares of the exchange traded fund’s stock after acquiring an additional 906,747 shares during the period. Quadrature Capital Ltd owned about 0.18% of iShares Silver Trust worth $40,681,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. United Capital Management of KS Inc. raised its holdings in shares of iShares Silver Trust by 3.3% during the third quarter. United Capital Management of KS Inc. now owns 6,999 shares of the exchange traded fund’s stock worth $297,000 after purchasing an additional 221 shares during the period. JT Stratford LLC boosted its holdings in shares of iShares Silver Trust by 2.7% in the 3rd quarter. JT Stratford LLC now owns 8,429 shares of the exchange traded fund’s stock valued at $357,000 after buying an additional 225 shares during the period. Redhawk Wealth Advisors Inc. grew its position in shares of iShares Silver Trust by 2.1% during the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 11,819 shares of the exchange traded fund’s stock valued at $501,000 after buying an additional 239 shares during the last quarter. Swisher Financial Concepts Inc. grew its position in shares of iShares Silver Trust by 1.4% during the 3rd 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. Finally, Nexus Investment Management ULC grew 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 valued at $32,000 after buying an additional 250 shares during the last quarter.
iShares Silver Trust Stock Down 1.8%
SLV opened at $76.48 on Friday. The company’s 50-day moving average price is $78.51 and its 200 day moving average price is $57.90. iShares Silver Trust has a fifty-two week low of $26.57 and a fifty-two week high of $109.83. The firm has a market cap of $42.10 billion, a price-to-earnings ratio of -8.51 and a beta of 0.38.
More iShares Silver Trust News
- Positive Sentiment: Retail / trade-focused bullish take: a Yahoo Finance piece highlights strategies to profit from a silver rally and renewed trader interest, which can support demand for SLV. Silver Is Going to Make Traders A Lot of Money: 2 Ways to Play It
- Positive Sentiment: Middle East tensions have lifted metals in recent sessions, helping silver test resistance levels — a catalyst that can buoy SLV if geopolitical risk persists. Gold (XAUUSD) & Silver Price Forecast: Middle East Risk Lifts Metals—$5,330 Next?
- Neutral Sentiment: Pre-market ETF and equity weakness tied to oil-supply risks and risk-off moves is creating mixed flows for commodity ETFs; that can increase SLV volatility without a clear directional bias. Exchange-Traded Funds, Equity Futures Lower Pre-Bell Thursday as Traders React to Oil Supply Risks From Iran Conflict
- Neutral Sentiment: FXEmpire notes Iran tensions are fueling volatility in gold and silver — this raises event-driven upside potential but also increases short-term uncertainty for SLV. Gold (XAUUSD) & Silver Price Forecast: Iran Tensions Fuel Volatility – Will Gold Test $5,020?
- Negative Sentiment: Dollar strength and hawkish Fed bets are pressuring gold and silver, a primary headwind for SLV as precious metals often move inversely to the USD. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Retreats As Dollar Tests New Highs
- Negative Sentiment: Kitco reports silver falling as the USDX rallies and bond yields rise — higher yields reduce the non-yielding metal’s appeal and likely contributed to SLV’s decline. Gold, silver down as USDX rallies, bond yields rise
- Negative Sentiment: Multiple market updates point to profit-taking and firmer USDX ahead of U.S. CPI and Fed-watch events — near-term macro data and rate expectations remain key downside risks for SLV. Gold, silver down on profit taking, firmer USDX
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.
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