Taylor & Morgan Wealth Management LLC Makes New $951,000 Investment in iShares Silver Trust $SLV

Taylor & Morgan Wealth Management LLC bought a new stake in shares of iShares Silver Trust (NYSEARCA:SLV) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 14,761 shares of the exchange traded fund’s stock, valued at approximately $951,000.

Several other hedge funds have also made changes to their positions in the company. Trust Co. of Vermont raised its holdings in shares of iShares Silver Trust by 6.4% in the fourth quarter. Trust Co. of Vermont now owns 15,552 shares of the exchange traded fund’s stock valued at $1,002,000 after acquiring an additional 936 shares in the last quarter. Blue Trust Inc. lifted its stake in iShares Silver Trust by 3.4% in the fourth quarter. Blue Trust Inc. now owns 61,998 shares of the exchange traded fund’s stock worth $3,994,000 after acquiring an additional 2,027 shares during the period. Bangor Savings Bank bought a new position in iShares Silver Trust during the 4th quarter worth about $38,000. PICTET BANK & TRUST Ltd bought a new position in iShares Silver Trust during the 4th quarter worth about $251,000. Finally, Pictet North America Advisors SA purchased a new position in iShares Silver Trust during the 4th quarter valued at about $304,000.

iShares Silver Trust Stock Performance

NYSEARCA:SLV opened at $68.14 on Thursday. iShares Silver Trust has a one year low of $26.57 and a one year high of $109.83. The firm has a market cap of $37.51 billion, a P/E ratio of -8.51 and a beta of 0.38. The firm has a 50-day simple moving average of $75.54 and a 200-day simple moving average of $60.95.

iShares Silver Trust News Roundup

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

• Positive Sentiment: Macro tailwinds — a softer U.S. dollar and dipping bond yields are lifting gold and silver, supporting higher SLV flows and prices. Gold, silver rally as USDX sells off
• Positive Sentiment: Safe-haven and commodity dynamics — safe-haven demand and a rebound in oil have bolstered precious-metals sentiment, adding support to SLV. Gold, silver see solid gains on safe-haven demand, rally in oil
• Positive Sentiment: Strong momentum and performance — commentary highlights SLV’s rally (roughly +120% over the past year), which may attract momentum and ETF inflows if metal prices hold. SLV Stock Is Up 120% in a Year — Here’s Why Silver’s Best Run in Decades Is Just Getting Started
• Positive Sentiment: Technical/structural backing — analysts and forecasts say metals have staged a technical rebound and a sustained breakout above key levels would reinforce the bullish case for SLV. Gold (XAUUSD) & Silver Price Forecast: Metals Rebound – Is the 17-Year Price Slide Over?
• Neutral Sentiment: Leadership update — BlackRock-appointed Jay Jacobs joined the board/leadership of the iShares Silver Trust. Management changes are notable but unlikely to materially shift SLV’s price drivers, which are macro and metal-price driven. iShares Silver Trust Announces New CEO and Leadership
• Neutral Sentiment: Macro constraints — coverage notes that persistent inflation and elevated interest rates can continue to limit upside despite recent rallies, so gains may be choppy. Gold (XAUUSD) and Silver Analysis: Recovery as Growth Slows and Inflation Persists
• Negative Sentiment: Speculative froth warning — analysts caution that highly hyped $1,000 silver call options are unrealistic, indicating elevated speculative positioning that can reverse sharply and pressure SLV if sentiment shifts. Analysts warn that hyped up $1,000 silver call options are not realistic

About iShares Silver Trust

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.