L & S Advisors Inc bought a new position in iShares Silver Trust (NYSEARCA:SLV – Free Report) in the fourth quarter, Holdings Channel.com reports. The fund bought 80,950 shares of the exchange traded fund’s stock, valued at approximately $5,215,000.
Other institutional investors have also recently added to or reduced their stakes in the company. Raleigh Capital Management Inc. acquired a new stake in iShares Silver Trust in the third quarter worth approximately $32,000. Rialto Wealth Management LLC acquired a new stake in iShares Silver Trust in the fourth quarter worth approximately $33,000. Farmers & Merchants Trust Co of Chambersburg PA lifted its position in iShares Silver Trust by 274.2% in the fourth 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 period. Hopwood Financial Services Inc. acquired a new stake in iShares Silver Trust in the third quarter worth approximately $38,000. Finally, Bangor Savings Bank acquired a new stake in iShares Silver Trust in the fourth quarter worth approximately $38,000.
iShares Silver Trust Price Performance
SLV opened at $69.04 on Friday. The company has a market capitalization of $39.08 billion, a price-to-earnings 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. The business has a 50 day moving average price of $69.84 and a two-hundred day moving average price of $66.60.
iShares Silver Trust News Summary
- Negative Sentiment: Silver prices dropped sharply in late trading, with spot silver falling below $76 as a stronger dollar, higher Treasury yields, and oil-driven inflation fears pressured precious metals broadly. Silver dives below $76, gold tests $4,500 support as Iran risk drives oil, rate fears – Kitco PM Report
- Negative Sentiment: Traders said SLV is under heavy selling pressure tied to the end of Jerome Powell’s term as Fed Chair, raising uncertainty around the Federal Reserve outlook and interest-rate policy. Why is iShares Silver Trust slipping today and what comes next?
- Negative Sentiment: Recent technical commentary shows silver breaking key support and entering a broader precious-metals selloff, with hot CPI data and the stronger dollar adding to the downward momentum. Gold (XAUUSD) & Silver Price Forecast: Trump-Xi Summit + Hot CPI — Gold Crashes Below $4,600, Silver Below $78?
- Neutral Sentiment: Some longer-term outlook pieces remain constructive for silver ETFs, citing clean energy, AI infrastructure, and industrial demand as potential tailwinds over time. Clean Energy & Industrial Demand to Drive Long-Term Silver ETF Growth
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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