Wealthcare Capital Partners LLC acquired a new position in iShares Silver Trust (NYSEARCA:SLV – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 9,118 shares of the exchange traded fund’s stock, valued at approximately $587,000.
A number of other hedge funds also recently made changes to their positions in SLV. Nexus Investment Management ULC boosted its holdings 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 worth $32,000 after buying an additional 250 shares during the last quarter. Raleigh Capital Management Inc. purchased a new stake in iShares Silver Trust during the third quarter worth about $32,000. Rialto Wealth Management LLC bought a new stake in iShares Silver Trust in the fourth quarter worth about $33,000. Hopwood Financial Services Inc. purchased a new position in iShares Silver Trust in the third quarter valued at approximately $38,000. Finally, Darwin Wealth Management LLC bought a new position in iShares Silver Trust during the second quarter valued at $39,000.
iShares Silver Trust Price Performance
NYSEARCA:SLV opened at $63.44 on Friday. The business has a fifty day simple moving average of $76.55 and a two-hundred day simple moving average of $60.18. iShares Silver Trust has a 1 year low of $26.57 and a 1 year high of $109.83. The company has a market capitalization of $34.92 billion, a P/E ratio of -8.51 and a beta of 0.38.
iShares Silver Trust News Summary
- 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.
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.
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