IMG Wealth Management Inc. Sells 33,140 Shares of iShares Silver Trust $SLV

IMG Wealth Management Inc. trimmed its stake in iShares Silver Trust (NYSEARCA:SLV) by 60.9% during the 4th quarter, HoldingsChannel reports. The fund owned 21,306 shares of the exchange traded fund’s stock after selling 33,140 shares during the quarter. iShares Silver Trust comprises 0.9% of IMG Wealth Management Inc.’s holdings, making the stock its 22nd biggest position. IMG Wealth Management Inc.’s holdings in iShares Silver Trust were worth $1,373,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Blue Water Asset Management bought a new stake in iShares Silver Trust in the fourth quarter worth $451,000. Panoramic Investment Advisors LLC boosted its holdings in iShares Silver Trust by 2.8% in the fourth quarter. Panoramic Investment Advisors LLC now owns 6,343 shares of the exchange traded fund’s stock worth $409,000 after acquiring an additional 173 shares in the last quarter. Legacy Financial Group LLC bought a new stake in iShares Silver Trust in the fourth quarter worth $192,000. Thrivent Financial for Lutherans lifted its holdings in shares of iShares Silver Trust by 21.7% during the fourth quarter. Thrivent Financial for Lutherans now owns 35,088 shares of the exchange traded fund’s stock valued at $2,317,000 after purchasing an additional 6,248 shares in the last quarter. Finally, Maxele Advisors LLC lifted its holdings in shares of iShares Silver Trust by 33.4% during the fourth quarter. Maxele Advisors LLC now owns 8,405 shares of the exchange traded fund’s stock valued at $541,000 after purchasing an additional 2,105 shares in the last quarter.

iShares Silver Trust Price Performance

Shares of NYSEARCA:SLV opened at $69.04 on Friday. The company has a market cap of $39.08 billion, a P/E ratio of -8.51 and a beta of 0.45. iShares Silver Trust has a 1 year low of $29.09 and a 1 year high of $109.83. The stock’s fifty day moving average price is $69.84 and its 200-day moving average price is $66.60.

More iShares Silver Trust News

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

• Negative Sentiment: Silver prices dropped sharply in late trading, with spot silver falling below $76 as a stronger dollar, higher Treasury yields, and oil-driven inflation fears pressured precious metals broadly. Silver dives below $76, gold tests $4,500 support as Iran risk drives oil, rate fears – Kitco PM Report
• Negative Sentiment: Traders said SLV is under heavy selling pressure tied to the end of Jerome Powell’s term as Fed Chair, raising uncertainty around the Federal Reserve outlook and interest-rate policy. Why is iShares Silver Trust slipping today and what comes next?
• Negative Sentiment: Recent technical commentary shows silver breaking key support and entering a broader precious-metals selloff, with hot CPI data and the stronger dollar adding to the downward momentum. Gold (XAUUSD) & Silver Price Forecast: Trump-Xi Summit + Hot CPI — Gold Crashes Below $4,600, Silver Below $78?
• Neutral Sentiment: Some longer-term outlook pieces remain constructive for silver ETFs, citing clean energy, AI infrastructure, and industrial demand as potential tailwinds over time. Clean Energy & Industrial Demand to Drive Long-Term Silver ETF Growth

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.