RHL Group LLC Makes New $1.41 Million Investment in iShares Silver Trust $SLV

RHL Group LLC acquired a new position in shares of iShares Silver Trust (NYSEARCA:SLV) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 21,953 shares of the exchange traded fund’s stock, valued at approximately $1,414,000. iShares Silver Trust comprises approximately 1.1% of RHL Group LLC’s holdings, making the stock its 11th largest position.

Several other institutional investors have also recently bought and sold shares of the business. Raymond James Financial Inc. raised its holdings in iShares Silver Trust by 12.7% during 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 buying an additional 313,816 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in iShares Silver Trust by 27.3% during the third quarter. Ameriprise Financial Inc. now owns 2,676,218 shares of the exchange traded fund’s stock worth $113,391,000 after buying an additional 573,660 shares during the last quarter. Mainstay Capital Management LLC ADV raised its holdings in iShares Silver Trust by 82.5% during the fourth 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. HighTower Advisors LLC raised its holdings in iShares Silver Trust by 5.7% during the third quarter. HighTower Advisors LLC now owns 1,750,124 shares of the exchange traded fund’s stock worth $74,153,000 after buying an additional 94,521 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in iShares Silver Trust by 20.0% during the third quarter. Envestnet Asset Management Inc. now owns 1,646,056 shares of the exchange traded fund’s stock worth $69,743,000 after buying an additional 273,913 shares during the last quarter.

iShares Silver Trust News Summary

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

• Positive Sentiment: Trading has begun in Abaxx Silver Singapore futures, adding a new physically deliverable benchmark that could support liquidity and longer-term interest in industrial silver markets. Silver Singapore Futures Now Live for Trading on Abaxx Exchange
• Neutral Sentiment: Silver remains near key support levels despite bond market volatility, suggesting traders are still waiting for clearer direction from rates and macro data. Gold, silver prices remain caught between rate hike fears and bond market stress
• Neutral Sentiment: Recent U.S.-Iran developments have created mixed signals for precious metals, with safe-haven demand partially offset by pressure from stronger yields and the dollar. Gold weakens as U.S.-Iran talks keep oil, rates in focus – Kitco PM Report
• Negative Sentiment: Precious metals are losing ground as traders price in the risk that the Fed could keep rates elevated or even raise them further, which is weighing on silver. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Pulls Back As Traders Worry About Hawkish Fed
• Negative Sentiment: Silver prices were also weaker in early trading as the dollar firmed and safe-haven support tied to Iran-related tensions faded, adding near-term downside pressure to SLV. Gold, silver ease as dollar firms, U.S.-Iran talks drag on – Kitco AM Report

iShares Silver Trust Stock Performance

SLV opened at $68.36 on Monday. The company’s fifty day moving average price is $68.98 and its two-hundred day moving average price is $67.65. iShares Silver Trust has a 1-year low of $29.78 and a 1-year high of $109.83. The company has a market cap of $38.69 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45.

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.