Lake Hills Wealth Management LLC decreased its position in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 17.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 91,964 shares of the exchange traded fund’s stock after selling 19,987 shares during the period. iShares Silver Trust makes up about 3.1% of Lake Hills Wealth Management LLC’s investment portfolio, making the stock its 13th biggest position. Lake Hills Wealth Management LLC’s holdings in iShares Silver Trust were worth $5,924,000 as of its most recent SEC filing.
A number of other institutional investors have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. boosted its position in iShares Silver Trust by 12.7% in the 3rd quarter. Raymond James Financial Inc. now owns 2,786,172 shares of the exchange traded fund’s stock valued at $118,050,000 after buying an additional 313,816 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of iShares Silver Trust by 27.3% during 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 during the last quarter. Commonwealth Equity Services LLC lifted its stake in shares of iShares Silver Trust by 1.3% in the third quarter. Commonwealth Equity Services LLC now owns 2,023,406 shares of the exchange traded fund’s stock worth $85,732,000 after acquiring an additional 26,710 shares in the last quarter. HighTower Advisors LLC lifted its stake in shares of iShares Silver Trust by 5.7% in the third quarter. HighTower Advisors LLC now owns 1,750,124 shares of the exchange traded fund’s stock worth $74,153,000 after acquiring an additional 94,521 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in iShares Silver Trust by 20.0% in the third quarter. Envestnet Asset Management Inc. now owns 1,646,056 shares of the exchange traded fund’s stock valued at $69,743,000 after purchasing an additional 273,913 shares during the last quarter.
iShares Silver Trust Stock Down 6.3%
Shares of NYSEARCA SLV opened at $61.52 on Friday. iShares Silver Trust has a fifty-two week low of $26.57 and a fifty-two week high of $109.83. The business has a 50 day moving average price of $78.35 and a two-hundred day moving average price of $59.29. The firm has a market cap of $33.87 billion, a PE ratio of -8.51 and a beta of 0.38.
iShares Silver Trust News Roundup
- Positive Sentiment: China’s silver imports hit an eight‑year high (nearly 800 tonnes in Jan–Feb), signalling strong industrial and investment demand that supports medium‑term silver fundamentals. China silver imports hit record high
- Positive Sentiment: Proposed U.S. federal legislation to diversify a precious‑metals vault network could improve access and custody infrastructure for bullion ETFs over time, a structural positive for physical‑backed products like SLV. Proposed U.S. federal legislation looks to diversify precious metals vault network
- Positive Sentiment: Technical commentary (Barron’s) highlights a possible buying opportunity near the $60–$61 area, which may attract bargain hunters if prices stabilize. Silver May Soon Offer an Opportunity. When You See This Price, Buy.
- Neutral Sentiment: Leveraged junior‑miner ETFs (e.g., SILJ) have surged in the rally but are showing volatility and profit‑taking; that rotation can influence investor flows between miners, leveraged funds and physical ETFs like SLV. SILJ Soars With ‘The Silver Surge’, But The Joy Ride Is Getting Rocky
- Neutral Sentiment: Short‑term technical and forecast pieces show mixed signals (some rebounds, some further downside risk), indicating market direction may hinge on macro data and yields. Gold & Silver Price Forecast
- Negative Sentiment: Broad sell‑off in gold and silver tied to rising inflation expectations, a hawkish Fed narrative and higher U.S. Treasury yields has erased large market value and pressured prices — a primary driver of SLV’s decline. Here’s What’s Behind the Selloff in Gold and Silver
- Negative Sentiment: Commentary and market moves describe a sharp, multi‑day drop (including a break below key levels such as $70) and talk of a bear market and large ($3T) value wipeout in precious metals — heightening risk‑off flows out of silver exposures. $3 Trillion Sell-Off In Gold And Silver
- Negative Sentiment: Media and data show miners and related stocks sliding on the metals pullback, which can amplify outflows from the broader silver complex, including ETFs. FTSE 350 precious metals miners slide
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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