Pathfinder Wealth Consulting Inc. purchased a new stake in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 14,715 shares of the exchange traded fund’s stock, valued at approximately $948,000.
Several other institutional investors have also recently made changes to their positions in the stock. Brighton Jones LLC increased its holdings in iShares Silver Trust by 9.2% in the 4th quarter. Brighton Jones LLC now owns 18,858 shares of the exchange traded fund’s stock worth $497,000 after acquiring an additional 1,595 shares in the last quarter. Bison Wealth LLC purchased a new position in iShares Silver Trust during the fourth quarter valued at approximately $238,000. Capstone Wealth Management Group LLC bought a new position in shares of iShares Silver Trust in the first quarter worth approximately $443,000. Schnieders Capital Management LLC. boosted its position in shares of iShares Silver Trust by 15.0% in the second quarter. Schnieders Capital Management LLC. now owns 9,975 shares of the exchange traded fund’s stock worth $327,000 after purchasing an additional 1,300 shares during the period. Finally, First Trust Advisors LP purchased a new stake in shares of iShares Silver Trust in the second quarter worth $886,000.
iShares Silver Trust Price Performance
Shares of SLV stock opened at $68.36 on Friday. iShares Silver Trust has a one year low of $29.78 and a one year high of $109.83. The company’s fifty day moving average price is $68.98 and its 200-day moving average price is $67.48. The company has a market capitalization of $38.69 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45.
Trending Headlines about iShares Silver Trust
- Positive Sentiment: Trading has begun in Abaxx Silver Singapore futures, adding a new physically deliverable benchmark that could support liquidity and longer-term interest in industrial silver markets. Silver Singapore Futures Now Live for Trading on Abaxx Exchange
- Neutral Sentiment: Silver remains near key support levels despite bond market volatility, suggesting traders are still waiting for clearer direction from rates and macro data. Gold, silver prices remain caught between rate hike fears and bond market stress
- Neutral Sentiment: Recent U.S.-Iran developments have created mixed signals for precious metals, with safe-haven demand partially offset by pressure from stronger yields and the dollar. Gold weakens as U.S.-Iran talks keep oil, rates in focus – Kitco PM Report
- Negative Sentiment: Precious metals are losing ground as traders price in the risk that the Fed could keep rates elevated or even raise them further, which is weighing on silver. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Pulls Back As Traders Worry About Hawkish Fed
- Negative Sentiment: Silver prices were also weaker in early trading as the dollar firmed and safe-haven support tied to Iran-related tensions faded, adding near-term downside pressure to SLV. Gold, silver ease as dollar firms, U.S.-Iran talks drag on – Kitco AM Report
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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