Pinnacle Wealth Management Advisory Group LLC acquired a new stake in iShares Silver Trust (NYSEARCA:SLV – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 7,733 shares of the exchange traded fund’s stock, valued at approximately $498,000.
A number of other institutional investors also recently made changes to their positions in SLV. Brighton Jones LLC boosted its position in iShares Silver Trust by 9.2% during the 4th quarter. Brighton Jones LLC now owns 18,858 shares of the exchange traded fund’s stock valued at $497,000 after buying an additional 1,595 shares during the period. Bison Wealth LLC purchased a new stake in iShares Silver Trust during the 4th quarter valued at $238,000. Capstone Wealth Management Group LLC purchased a new stake in iShares Silver Trust during the 1st quarter valued at $443,000. Schnieders Capital Management LLC. boosted its position in iShares Silver Trust by 15.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 9,975 shares of the exchange traded fund’s stock valued at $327,000 after buying an additional 1,300 shares during the period. Finally, First Trust Advisors LP purchased a new stake in iShares Silver Trust during the 2nd quarter valued at $886,000.
iShares Silver Trust Stock Down 0.0%
Shares of SLV opened at $65.91 on Wednesday. The stock has a market capitalization of $37.31 billion, a P/E ratio of -8.51 and a beta of 0.45. The firm has a fifty day simple moving average of $70.67 and a two-hundred day simple moving average of $65.13. iShares Silver Trust has a twelve month low of $29.09 and a twelve month high of $109.83.
Trending Headlines about iShares Silver Trust
- Positive Sentiment: Gold and silver received short‑term support after Treasury yields pulled back, which can help SLV by reducing the opportunity cost of holding non‑yielding metals. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Moves Higher As Treasury Yields Pull Back
- Positive Sentiment: Ongoing Gulf/Strait of Hormuz risk lifted safe‑haven flows intermittently, helping silver demand despite mixed data on the dollar. Such geopolitical spikes can prompt short‑term inflows into SLV. Gold firms, silver gains as traders weigh Hormuz risk, dollar firmness
- Neutral Sentiment: A conditional US‑Iran truce eased immediate Hormuz disruption fears, which reduces near‑term safe‑haven demand for silver, but central‑bank purchases (notably China) continue to provide baseline support—result: mixed pressure on SLV. Gold (XAUUSD) & Silver Price Forecast: Truce Eases Tensions — Will $4500 Hold or Collapse?
- Neutral Sentiment: Dislocations in the silver futures curve (AGQ backwardation and a delivery squeeze) have amplified volatility—this can boost short‑term prices but raises delivery/default risk that could reverberate through physical‑backed ETFs like SLV. AGQ’s Backwardation Squeeze Could Trigger a Delivery Default That Whipsaws Silver
- Negative Sentiment: Stronger U.S. economic data and firmer Treasury yields have pressured precious metals generally, weakening SLV as investors favor yield‑bearing assets over bullion. Gold, silver slide as stronger U.S. data, firmer yields pressure metals
- Negative Sentiment: Rate‑fear headlines (30‑year yield spikes toward 5.1%) and technical breakdowns have driven sector selling and weaker flows into gold/silver ETFs, weighing on SLV liquidity and price. Gold Slides, 30-Year Yield Hits 5.1% as Rate Fears Take Over
- Negative Sentiment: ETF competition and tracking differences drew attention after an analysis showed SIVR outperforming SLV, a factor that could divert flows away from SLV if investors shift to alternatives. SIVR Beats SLV. Here Is Why.
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
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