iShares Silver Trust $SLV Shares Sold by Principia Wealth Advisory LLC

Principia Wealth Advisory LLC lessened its holdings in iShares Silver Trust (NYSEARCA:SLV) by 21.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 43,199 shares of the exchange traded fund’s stock after selling 11,616 shares during the quarter. iShares Silver Trust makes up about 0.7% of Principia Wealth Advisory LLC’s investment portfolio, making the stock its 18th largest holding. Principia Wealth Advisory LLC’s holdings in iShares Silver Trust were worth $2,783,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Rialto Wealth Management LLC acquired a new position in shares of iShares Silver Trust during the fourth quarter valued at $33,000. BOK Financial Private Wealth Inc. acquired a new position in shares of iShares Silver Trust during the fourth quarter valued at $34,000. Farmers & Merchants Trust Co of Chambersburg PA boosted its holdings in shares of iShares Silver Trust by 274.2% during the fourth quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 580 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 425 shares during the period. Bangor Savings Bank acquired a new position in shares of iShares Silver Trust during the fourth quarter valued at $38,000. Finally, American National Bank & Trust boosted its holdings in shares of iShares Silver Trust by 96.7% during the fourth quarter. American National Bank & Trust now owns 590 shares of the exchange traded fund’s stock valued at $38,000 after acquiring an additional 290 shares during the period.

iShares Silver Trust Stock Performance

Shares of SLV opened at $68.36 on Friday. iShares Silver Trust has a 1 year low of $29.78 and a 1 year high of $109.83. The company has a market cap of $38.69 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45. The firm has a fifty day moving average of $68.57 and a 200-day moving average of $68.36.

Key Headlines Impacting iShares Silver Trust

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

• Positive Sentiment: Silver prices moved higher as traders scaled back bets on hawkish Federal Reserve policy and reacted to improving risk sentiment tied to Middle East peace optimism, which can lift bullion-backed ETFs like SLV. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Rebounds As Traders Bet On Iran Deal
• Positive Sentiment: Some analysts remain constructive on silver over the long term, with commentary suggesting the metal could still see higher prices later this year even as near-term volatility stays elevated. Silver can reach $100 an ounce this year, but the momentum won’t last – Bank of America
• Neutral Sentiment: Entrata, a private-equity-backed software company tied to Silver Lake, filed for a U.S. IPO. This is not directly related to SLV’s holdings, but it added to news flow around the “Silver” name. Silver Lake-backed property management software firm Entrata files for US IPO
• Negative Sentiment: Several reports said silver’s sharp rally may be running into resistance, with weak industrial demand, overvaluation concerns, and talk of demand destruction potentially pressuring prices. Silver Rally Faces Pressure: Time for Inverse ETFs?
• Negative Sentiment: UBS and other analysts warned that silver’s industrial uses make it more sensitive to economic slowing, which could reduce demand and weigh on the trust if the metal pulls back further. Silver could fall further after latest slump, analysts say as they warn of demand destruction

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.