Wealthcare Capital Partners LLC purchased a new position in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,118 shares of the exchange traded fund’s stock, valued at approximately $587,000.
Several other hedge funds have also added to or reduced their stakes in the business. Nexus Investment Management ULC grew its position in shares of iShares Silver Trust by 50.0% in 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. Raleigh Capital Management Inc. bought a new stake in shares of iShares Silver Trust in the 3rd quarter valued at $32,000. Rialto Wealth Management LLC acquired a new position in shares of iShares Silver Trust during the fourth quarter valued at about $33,000. Hopwood Financial Services Inc. bought a new position in iShares Silver Trust in the third quarter worth approximately $38,000. Finally, Darwin Wealth Management LLC bought a new position in shares of iShares Silver Trust in the 2nd quarter worth $39,000.
iShares Silver Trust Stock Up 4.4%
Shares of iShares Silver Trust stock opened at $63.44 on Friday. The business has a 50 day moving average price of $76.55 and a 200-day moving average price of $60.18. iShares Silver Trust has a 52 week low of $26.57 and a 52 week high of $109.83. The company has a market cap of $34.92 billion, a PE ratio of -8.51 and a beta of 0.38.
More iShares Silver Trust News
- Positive Sentiment: Sprott’s McIntyre says broad institutional buy-in for gold is still coming and silver should follow gold higher over time — a bullish structural narrative that supports longer-term ETF inflows into SLV. Gold’s big institutional buy-in still to come, silver will follow gold’s lead higher – Sprott’s McIntyre
- Positive Sentiment: Market commentators note modest corrective bounces in gold and silver amid recent weakness — technical buying and short-covering are supporting silver prices and ETF flows today. Modest price gains in gold, silver on corrective bounces
- Positive Sentiment: Technical analysts highlight rebounds from key support levels driven by a weaker dollar in recent sessions — this technical recovery can fuel short-term inflows into SLV. Gold and Silver Technical Analysis: Can XAUUSD Sustain Rebound From Key Support Levels?
- Neutral Sentiment: Broader ETF and equity futures weakness has been reported amid Middle East tensions, creating mixed flow patterns — equities falling can sometimes push safe-haven demand but the net impact on silver/SLV has been uneven. Exchange-Traded Funds, Equity Futures Lower Pre-Bell Thursday Amid Ongoing Middle East Tensions
- Negative Sentiment: Several analysts point to a firmer US dollar and rising bond yields as key drivers of recent gold and silver sell-offs — these macro forces tend to pressure SLV by reducing safe-haven and inflation-hedge demand. Solid losses for gold, silver on firmer USDX, rising bond yields
- Negative Sentiment: Commodity-focused coverage notes a sharp intraday drop as oil markets rallied and the dollar surged previously, triggering declines in precious metals and pressuring silver ETF levels. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Dives 2.5 As Oil Markets Rally
- Negative Sentiment: Coverage highlights a fading safe-haven bid amid shifting Middle East ceasefire prospects and Fed rate expectations, which has weighed on precious metals and can reduce appetite for SLV. Gold, Silver Tumble Again. One Thing Is Wreaking Havoc on Precious Metals.
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.
Featured Articles
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.
