Sharkey Howes & Javer lifted its position in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 53.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 24,266 shares of the exchange traded fund’s stock after acquiring an additional 8,458 shares during the quarter. Sharkey Howes & Javer’s holdings in iShares Silver Trust were worth $1,563,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Rialto Wealth Management LLC acquired a new stake in iShares Silver Trust during the 4th quarter valued at $33,000. Nexus Investment Management ULC lifted its holdings in shares of iShares Silver Trust by 50.0% in the third quarter. Nexus Investment Management ULC now owns 750 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 250 shares in the last quarter. Raleigh Capital Management Inc. acquired a new stake in shares of iShares Silver Trust in the third quarter worth $32,000. Hopwood Financial Services Inc. acquired a new stake in shares of iShares Silver Trust in the third quarter worth $38,000. Finally, ORG Partners LLC grew its holdings in shares of iShares Silver Trust by 38.9% during the third quarter. ORG Partners LLC now owns 1,125 shares of the exchange traded fund’s stock valued at $48,000 after buying an additional 315 shares in the last quarter.
iShares Silver Trust Trading Down 6.8%
NYSEARCA:SLV opened at $60.77 on Friday. The firm has a market capitalization of $33.45 billion, a price-to-earnings ratio of -8.51 and a beta of 0.38. iShares Silver Trust has a 1-year low of $26.57 and a 1-year high of $109.83. The business’s fifty day moving average price is $76.90 and its 200 day moving average price is $60.00.
Key Headlines Impacting iShares Silver Trust
- Neutral Sentiment: Metals had rallied on March 25 as short‑term hopes of a ceasefire lifted gold and silver — that context helps explain yesterday’s rebound before today’s reversal. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Gains 2% Despite Strong Dollar
- Negative Sentiment: Major market reports show silver fell sharply as oil and other markets rallied, with silver down more than 4% in the session — a direct headwind for SLV. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Dives 2.5% As Oil Markets Rally
- Negative Sentiment: Kitco and other commodity reporters attribute today’s losses to a stronger U.S. Dollar Index (USDX) and rising bond yields — both reduce demand for non‑yielding metals like silver. Solid losses for gold, silver on firmer USDX, rising bond yields
- Negative Sentiment: Barron’s notes fading hopes for an end to fighting in Iran reduced safe‑haven flows into gold and silver — less geopolitical risk support tends to pressure SLV. Gold, Silver Tumble Again. One Thing Is Wreaking Havoc on Precious Metals.
- Negative Sentiment: Commentary highlights that Iran tensions are lifting the dollar and reviving concerns about Fed hikes, creating a double squeeze on silver (diminished safe‑haven demand + higher real rates). Gold (XAUUSD) & Silver Price Forecast: XAU Plummets $1,000 – Can Iran Tensions Spark a Rally?
- Negative Sentiment: Analysts point to structural selling from retail positioning and momentum unwind as an additional pressure factor — retail crowding can amplify moves lower in SLV. Precious metals price declines stem from retail pile-in, safe haven and debasement trades remain intact – Brookings’ Brooks
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.
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