MGO One Seven LLC Sells 12,436 Shares of iShares Silver Trust $SLV

MGO One Seven LLC lowered its position in iShares Silver Trust (NYSEARCA:SLV) by 11.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 97,741 shares of the exchange traded fund’s stock after selling 12,436 shares during the quarter. MGO One Seven LLC’s holdings in iShares Silver Trust were worth $6,296,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of SLV. Raymond James Financial Inc. boosted its stake in iShares Silver Trust by 12.7% during the third quarter. Raymond James Financial Inc. now owns 2,786,172 shares of the exchange traded fund’s stock worth $118,050,000 after buying an additional 313,816 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of iShares Silver Trust by 27.3% during the 3rd 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 period. Mainstay Capital Management LLC ADV lifted its holdings in shares of iShares Silver Trust by 82.5% during the 4th quarter. Mainstay Capital Management LLC ADV now owns 1,824,479 shares of the exchange traded fund’s stock worth $117,533,000 after acquiring an additional 824,589 shares during the period. HighTower Advisors LLC boosted its position in shares of iShares Silver Trust by 5.7% during the 3rd quarter. HighTower Advisors LLC now owns 1,750,124 shares of the exchange traded fund’s stock valued at $74,153,000 after acquiring an additional 94,521 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in shares of iShares Silver Trust by 20.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,646,056 shares of the exchange traded fund’s stock valued at $69,743,000 after acquiring an additional 273,913 shares in the last quarter.

iShares Silver Trust Stock Up 2.0%

NYSEARCA SLV opened at $73.01 on Friday. iShares Silver Trust has a twelve month low of $29.09 and a twelve month high of $109.83. The stock has a market cap of $41.32 billion, a P/E ratio of -8.51 and a beta of 0.45. The company’s 50-day simple moving average is $70.31 and its 200 day simple moving average is $65.45.

iShares Silver Trust News Summary

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

• Positive Sentiment: Silver prices are firming as traders focus on falling Treasury yields and a weaker oil backdrop, both of which tend to support non-yielding metals like silver. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Moves Higher Amid Falling Treasury Yields
• Positive Sentiment: Kitco reported that gold and silver extended gains after U.S. payrolls beat forecasts, reinforcing momentum in the metals complex and keeping silver in focus for continued upside. Gold, silver extend gains as payrolls beat forecasts – Kitco AM Report
• Positive Sentiment: Multiple reports said silver outperformed gold and traders are positioning for another leg higher, with technical analysts and market commentators pointing to strong bullish momentum in the metal. Gold and Silver Technical Analysis: Peace Hopes Lift Metals Ahead of Jobs Data
• Neutral Sentiment: Commentary from 247WallSt highlighted SLV’s big one-year gain, but also noted the fund’s 0.50% fee and tax treatment, which are longer-term structural considerations rather than a direct near-term catalyst. SLV Is Up 132% in a Year, But Its 0.50% Fee and 28% Tax Rate Tell a Different Story
• Neutral Sentiment: Market watchers also said the precious-metals rally could continue if geopolitical tensions ease further, but they emphasized that silver still needs a confirmed technical breakout to sustain the move. Gold and silver’s historic rally could resume ‘as fog of war lifts’, market watchers say

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.