iShares Silver Trust $SLV Shares Bought by Fidelis Capital Partners LLC

Fidelis Capital Partners LLC grew its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 147.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 14,521 shares of the exchange traded fund’s stock after purchasing an additional 8,650 shares during the quarter. Fidelis Capital Partners LLC’s holdings in iShares Silver Trust were worth $935,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Vantage Financial Partners LLC bought a new stake in iShares Silver Trust in the third quarter worth about $489,000. D.B. Root & Company LLC bought a new stake in iShares Silver Trust in the third quarter worth about $370,000. Envestnet Asset Management Inc. raised its position in iShares Silver Trust by 20.0% in 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 acquiring an additional 273,913 shares in the last quarter. Ameliora Wealth Management Ltd. raised its position in iShares Silver Trust by 15.4% in the fourth quarter. Ameliora Wealth Management Ltd. now owns 86,670 shares of the exchange traded fund’s stock worth $5,583,000 after acquiring an additional 11,563 shares in the last quarter. Finally, WESCAP Management Group Inc. raised its position in iShares Silver Trust by 6.1% in the third quarter. WESCAP Management Group Inc. now owns 205,030 shares of the exchange traded fund’s stock worth $8,687,000 after acquiring an additional 11,875 shares in the last quarter.

Key iShares Silver Trust News

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

• Positive Sentiment: Silver prices moved higher as traders scaled back bets on hawkish Federal Reserve policy and reacted to improving risk sentiment tied to Middle East peace optimism, which can lift bullion-backed ETFs like SLV. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Rebounds As Traders Bet On Iran Deal
• Positive Sentiment: Some analysts remain constructive on silver over the long term, with commentary suggesting the metal could still see higher prices later this year even as near-term volatility stays elevated. Silver can reach $100 an ounce this year, but the momentum won’t last – Bank of America
• Neutral Sentiment: Entrata, a private-equity-backed software company tied to Silver Lake, filed for a U.S. IPO. This is not directly related to SLV’s holdings, but it added to news flow around the “Silver” name. Silver Lake-backed property management software firm Entrata files for US IPO
• Negative Sentiment: Several reports said silver’s sharp rally may be running into resistance, with weak industrial demand, overvaluation concerns, and talk of demand destruction potentially pressuring prices. Silver Rally Faces Pressure: Time for Inverse ETFs?
• Negative Sentiment: UBS and other analysts warned that silver’s industrial uses make it more sensitive to economic slowing, which could reduce demand and weigh on the trust if the metal pulls back further. Silver could fall further after latest slump, analysts say as they warn of demand destruction

iShares Silver Trust Trading Up 1.3%

NYSEARCA SLV opened at $68.36 on Friday. The stock’s 50-day moving average price is $68.57 and its two-hundred day moving average price is $68.36. The company has a market cap of $38.69 billion, a PE ratio of -8.51 and a beta of 0.45. iShares Silver Trust has a 1 year low of $29.78 and a 1 year high of $109.83.

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.