Oxbow Advisors LLC Grows Holdings in iShares Silver Trust $SLV

Oxbow Advisors LLC boosted its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 3.7% in the fourth quarter, Holdings Channel reports. The firm owned 294,396 shares of the exchange traded fund’s stock after purchasing an additional 10,524 shares during the period. iShares Silver Trust accounts for 1.7% of Oxbow Advisors LLC’s investment portfolio, making the stock its 8th biggest holding. Oxbow Advisors LLC’s holdings in iShares Silver Trust were worth $18,965,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the company. Raymond James Financial Inc. raised its stake in iShares Silver Trust by 12.7% during the 3rd quarter. Raymond James Financial Inc. now owns 2,786,172 shares of the exchange traded fund’s stock worth $118,050,000 after buying an additional 313,816 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of iShares Silver Trust by 27.3% in the third quarter. Ameriprise Financial Inc. now owns 2,676,218 shares of the exchange traded fund’s stock worth $113,391,000 after acquiring an additional 573,660 shares in the last quarter. Mainstay Capital Management LLC ADV increased its holdings in shares of iShares Silver Trust by 82.5% in the fourth quarter. Mainstay Capital Management LLC ADV now owns 1,824,479 shares of the exchange traded fund’s stock worth $117,533,000 after acquiring an additional 824,589 shares in the last quarter. HighTower Advisors LLC raised its position in shares of iShares Silver Trust by 5.7% during the third quarter. HighTower Advisors LLC now owns 1,750,124 shares of the exchange traded fund’s stock worth $74,153,000 after purchasing an additional 94,521 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in shares of iShares Silver Trust by 20.0% during the third quarter. Envestnet Asset Management Inc. now owns 1,646,056 shares of the exchange traded fund’s stock worth $69,743,000 after purchasing an additional 273,913 shares during the period.

iShares Silver Trust Price Performance

NYSEARCA:SLV opened at $73.01 on Friday. iShares Silver Trust has a fifty-two week low of $29.09 and a fifty-two week high of $109.83. The stock has a market capitalization of $41.32 billion, a PE ratio of -8.51 and a beta of 0.45. The business’s 50-day simple moving average is $70.31 and its 200-day simple moving average is $65.45.

Key iShares Silver Trust News

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

• Positive Sentiment: Silver prices are firming as traders focus on falling Treasury yields and a weaker oil backdrop, both of which tend to support non-yielding metals like silver. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Moves Higher Amid Falling Treasury Yields
• Positive Sentiment: Kitco reported that gold and silver extended gains after U.S. payrolls beat forecasts, reinforcing momentum in the metals complex and keeping silver in focus for continued upside. Gold, silver extend gains as payrolls beat forecasts – Kitco AM Report
• Positive Sentiment: Multiple reports said silver outperformed gold and traders are positioning for another leg higher, with technical analysts and market commentators pointing to strong bullish momentum in the metal. Gold and Silver Technical Analysis: Peace Hopes Lift Metals Ahead of Jobs Data
• Neutral Sentiment: Commentary from 247WallSt highlighted SLV’s big one-year gain, but also noted the fund’s 0.50% fee and tax treatment, which are longer-term structural considerations rather than a direct near-term catalyst. SLV Is Up 132% in a Year, But Its 0.50% Fee and 28% Tax Rate Tell a Different Story
• Neutral Sentiment: Market watchers also said the precious-metals rally could continue if geopolitical tensions ease further, but they emphasized that silver still needs a confirmed technical breakout to sustain the move. Gold and silver’s historic rally could resume ‘as fog of war lifts’, market watchers say

iShares Silver Trust Company 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.