iShares Silver Trust $SLV Stake Lessened by Principia Wealth Advisory LLC

Principia Wealth Advisory LLC lessened its stake in iShares Silver Trust (NYSEARCA:SLV) by 21.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 43,199 shares of the exchange traded fund’s stock after selling 11,616 shares during the period. iShares Silver Trust comprises about 0.7% of Principia Wealth Advisory LLC’s investment portfolio, making the stock its 18th largest position. Principia Wealth Advisory LLC’s holdings in iShares Silver Trust were worth $2,783,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. TBH Global Asset Management LLC increased its stake in shares of iShares Silver Trust by 1.5% in the fourth quarter. TBH Global Asset Management LLC now owns 6,820 shares of the exchange traded fund’s stock worth $439,000 after buying an additional 104 shares during the last quarter. Westside Investment Management Inc. boosted its holdings in iShares Silver Trust by 23.4% in the fourth quarter. Westside Investment Management Inc. now owns 686 shares of the exchange traded fund’s stock worth $44,000 after purchasing an additional 130 shares during the period. JNBA Financial Advisors boosted its holdings in iShares Silver Trust by 1.2% in the fourth quarter. JNBA Financial Advisors now owns 10,737 shares of the exchange traded fund’s stock worth $692,000 after purchasing an additional 132 shares during the period. Wolff Wiese Magana LLC boosted its holdings in iShares Silver Trust by 1.5% in the fourth quarter. Wolff Wiese Magana LLC now owns 10,112 shares of the exchange traded fund’s stock worth $651,000 after purchasing an additional 150 shares during the period. Finally, Wesbanco Bank Inc. boosted its holdings in iShares Silver Trust by 1.2% in the fourth quarter. Wesbanco Bank Inc. now owns 12,421 shares of the exchange traded fund’s stock worth $800,000 after purchasing an additional 152 shares during the period.

Trending Headlines about iShares Silver Trust

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 Price Performance

iShares Silver Trust stock opened at $68.36 on Friday. The company has a market cap of $38.69 billion, a PE ratio of -8.51 and a beta of 0.45. The company has a fifty day moving average price of $68.57 and a two-hundred day moving average price of $68.36. iShares Silver Trust has a 12 month low of $29.78 and a 12 month 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.