Quadrature Capital Ltd increased its stake in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 1,691.5% in the third quarter, Holdings Channel.com reports. The institutional investor owned 960,353 shares of the exchange traded fund’s stock after acquiring an additional 906,747 shares during the period. Quadrature Capital Ltd’s holdings in iShares Silver Trust were worth $40,681,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also recently added to or reduced their stakes in the company. Nexus Investment Management ULC lifted its stake in iShares Silver Trust by 50.0% in the third 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 position in shares of iShares Silver Trust during the third quarter worth about $32,000. Hopwood Financial Services Inc. bought a new position in shares of iShares Silver Trust during the third quarter worth about $38,000. Darwin Wealth Management LLC acquired a new stake in shares of iShares Silver Trust in the 2nd quarter worth about $39,000. Finally, Evolution Wealth Management Inc. acquired a new stake in shares of iShares Silver Trust in the 2nd quarter worth about $47,000.
iShares Silver Trust Stock Down 1.8%
Shares of NYSEARCA:SLV opened at $76.48 on Friday. The company’s 50-day moving average price is $78.51 and its 200 day moving average price is $57.90. The company has a market cap of $42.10 billion, a PE ratio of -8.51 and a beta of 0.38. iShares Silver Trust has a fifty-two week low of $26.57 and a fifty-two week high of $109.83.
Key iShares Silver Trust News
- Positive Sentiment: Retail / trade-focused bullish take: a Yahoo Finance piece highlights strategies to profit from a silver rally and renewed trader interest, which can support demand for SLV. Silver Is Going to Make Traders A Lot of Money: 2 Ways to Play It
- Positive Sentiment: Middle East tensions have lifted metals in recent sessions, helping silver test resistance levels — a catalyst that can buoy SLV if geopolitical risk persists. Gold (XAUUSD) & Silver Price Forecast: Middle East Risk Lifts Metals—$5,330 Next?
- Neutral Sentiment: Pre-market ETF and equity weakness tied to oil-supply risks and risk-off moves is creating mixed flows for commodity ETFs; that can increase SLV volatility without a clear directional bias. Exchange-Traded Funds, Equity Futures Lower Pre-Bell Thursday as Traders React to Oil Supply Risks From Iran Conflict
- Neutral Sentiment: FXEmpire notes Iran tensions are fueling volatility in gold and silver — this raises event-driven upside potential but also increases short-term uncertainty for SLV. Gold (XAUUSD) & Silver Price Forecast: Iran Tensions Fuel Volatility – Will Gold Test $5,020?
- Negative Sentiment: Dollar strength and hawkish Fed bets are pressuring gold and silver, a primary headwind for SLV as precious metals often move inversely to the USD. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Retreats As Dollar Tests New Highs
- Negative Sentiment: Kitco reports silver falling as the USDX rallies and bond yields rise — higher yields reduce the non-yielding metal’s appeal and likely contributed to SLV’s decline. Gold, silver down as USDX rallies, bond yields rise
- Negative Sentiment: Multiple market updates point to profit-taking and firmer USDX ahead of U.S. CPI and Fed-watch events — near-term macro data and rate expectations remain key downside risks for SLV. Gold, silver down on profit taking, firmer USDX
About iShares Silver Trust
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.
Further Reading
- Five stocks we like better than iShares Silver Trust
- The gold chart Wall Street is terrified of…
- Elon Musk already made me a “wealthy man”
- Unlocked: Elon Musk’s Next Big IPO
- Silver paying 20% dividend. Plus 68% share gains
- 1,500 Banks Just Handed the Fed Your Bank Account
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).
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