iShares Silver Trust $SLV Shares Acquired by Royal Fund Management LLC

Royal Fund Management LLC grew its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 172.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 32,217 shares of the exchange traded fund’s stock after purchasing an additional 20,393 shares during the period. Royal Fund Management LLC’s holdings in iShares Silver Trust were worth $2,195,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. FARMERS & MERCHANTS TRUST Co OF LONG BEACH acquired a new position in iShares Silver Trust during the 1st quarter worth approximately $2,762,000. Prime Capital Investment Advisors LLC increased its holdings in shares of iShares Silver Trust by 33.1% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 37,770 shares of the exchange traded fund’s stock valued at $2,433,000 after acquiring an additional 9,391 shares during the last quarter. Ameliora Wealth Management Ltd. raised its position in shares of iShares Silver Trust by 15.4% during the 4th 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. Finer Wealth Management Inc. purchased a new stake in iShares Silver Trust during the fourth quarter worth approximately $709,000. Finally, Sound Income Strategies LLC boosted its holdings in iShares Silver Trust by 268.2% in the fourth quarter. Sound Income Strategies LLC now owns 25,112 shares of the exchange traded fund’s stock valued at $1,618,000 after purchasing an additional 18,291 shares in the last quarter.

Key iShares Silver Trust News

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

• Positive Sentiment: Retail investment demand is showing signs of recovery after a prolonged correction, with the British Royal Mint reporting particularly strong demand for digital silver. Renewed bullion buying could provide support for silver and SLV. Retail investors buy the dip as Royal Mint reports solid demand for digital gold and silver
• Positive Sentiment: Silver gained ground as traders positioned ahead of the Federal Reserve’s decision. A less-hawkish policy outlook, lower interest rates or a weaker dollar could improve the appeal of non-yielding precious metals and benefit SLV. Gold, Silver, Platinum Forecasts – Gold Stays Above $4000 As Traders Wait For Fed Decision
• Neutral Sentiment: Fed Decision Day remains the main catalyst for gold and silver, with markets focused on policymakers’ guidance regarding inflation, interest rates and the economic outlook. The outcome could produce sharp volatility in SLV in either direction. Gold and Silver Price Forecast: Fed Decision Day Keeps XAU/USD and XAG/USD in Focus
• Negative Sentiment: Analysts have cited technical weakness, with silver trading in a broad range and remaining below important resistance levels. A break toward lower support could weigh on SLV. Gold and Silver Technical Analysis: Key Levels to Watch Before the Fed Decision
• Negative Sentiment: Commerzbank lowered its gold and silver outlook, arguing that the Middle East conflict and ongoing macroeconomic uncertainty could limit a recovery and encourage additional selling. Commerzbank downgrades gold and silver prices
• Negative Sentiment: Precious metals have also faced pressure from concerns that the Federal Reserve could maintain a hawkish stance. Higher-for-longer interest rates typically reduce demand for silver and can weigh on SLV. Gold, Silver, Platinum Forecasts – Gold Retreats As Traders Focus on Fed Policy Outlook

iShares Silver Trust Stock Up 0.1%

Shares of iShares Silver Trust stock opened at $51.77 on Thursday. iShares Silver Trust has a 52 week low of $33.10 and a 52 week high of $109.83. The firm’s 50 day moving average is $58.17 and its two-hundred day moving average is $68.45. The firm has a market capitalization of $27.65 billion, a P/E ratio of -8.51 and a beta of 0.49.

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.