Pines Wealth Management LLC Invests $244,000 in iShares Silver Trust $SLV

Pines Wealth Management LLC acquired a new stake in shares of iShares Silver Trust (NYSEARCA:SLV) in the third quarter, HoldingsChannel reports. The firm acquired 5,750 shares of the exchange traded fund’s stock, valued at approximately $244,000.

Other hedge funds also recently bought and sold shares of the company. Redhawk Wealth Advisors Inc. increased its stake in iShares Silver Trust by 2.1% in the third quarter. Redhawk Wealth Advisors Inc. now owns 11,819 shares of the exchange traded fund’s stock worth $501,000 after purchasing an additional 239 shares during the period. Swisher Financial Concepts Inc. increased its stake in iShares Silver Trust by 1.4% in the 3rd quarter. Swisher Financial Concepts Inc. now owns 17,205 shares of the exchange traded fund’s stock worth $729,000 after buying an additional 240 shares during the period. Nexus Investment Management ULC lifted its holdings in iShares Silver Trust by 50.0% during the 3rd quarter. Nexus Investment Management ULC now owns 750 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 250 shares in the last quarter. Silver Oak Securities Incorporated boosted its position in iShares Silver Trust by 0.6% in the 3rd quarter. Silver Oak Securities Incorporated now owns 42,936 shares of the exchange traded fund’s stock valued at $1,819,000 after buying an additional 251 shares during the period. Finally, Ironwood Wealth Management LLC. boosted its position in iShares Silver Trust by 3.2% in the 3rd quarter. Ironwood Wealth Management LLC. now owns 8,203 shares of the exchange traded fund’s stock valued at $348,000 after buying an additional 255 shares during the period.

iShares Silver Trust Stock Performance

Shares of NYSEARCA:SLV opened at $105.60 on Thursday. The firm’s 50 day simple moving average is $66.50 and its 200-day simple moving average is $49.03. iShares Silver Trust has a one year low of $26.57 and a one year high of $106.70. The firm has a market cap of $60.54 billion, a PE ratio of -8.51 and a beta of 0.38.

iShares Silver Trust News Roundup

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

• Positive Sentiment: SLV is trading just shy of its all‑time high as spot silver moves above $110/oz, supporting ETF demand and price momentum. SLV ETF Near All-Time High As Silver Explodes Past $110
• Positive Sentiment: Commentary argues the metals rally reflects weakening confidence in fiat currencies, which would sustain safe‑haven flows into silver and SLV. Gold’s, silver’s record run signals a crisis of confidence in fiat currencies
• Positive Sentiment: Data shows U.S. retail traders are buying silver ETFs faster than many tech favourites, driving large inflows and higher trading volumes in SLV. US retail traders buy silver ETFs faster than tech favorites, Vanda Research says
• Positive Sentiment: An institutional manager (Adamsbrown Wealth Consultants) disclosed a new purchase of SLV shares, signaling some institutional participation alongside retail flows. Adamsbrown Wealth Consultants LLC Makes New $235,000 Investment in iShares Silver Trust $SLV
• Neutral Sentiment: Coverage highlights intense retail interest and day‑trader activity in SLV—this can sustain near‑term flows but also introduce speculative volatility. Silver is retail traders’ new obsession as record numbers bet on rally — and on a crash
• Neutral Sentiment: Advisory pieces outline risk‑management strategies for investors in a fast‑moving silver market, useful for positioning but not a directional catalyst. Can Silver Go Higher Still? How to Play It Safer.
• Negative Sentiment: Saxo Bank cautions that silver looks like a bubble, warning of a potential sharp pullback if momentum reverses. Gold remains well supported at $5,000, but silver is a bubble – Saxo Bank’s Hansen
• Negative Sentiment: HSBC and other outlets flag that after the massive rally it may be time to take profits—suggesting short‑term downside risk from profit‑taking. After silver’s massive price rally, it may be time to take profits while momentum lasts – HSBC
• Negative Sentiment: Analysis notes rising volatility and liquidity concerns after record highs—heightened swings could push SLV lower in a fast unwind. Silver Falls From Record High. Why Volatility Is a Concern.

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.