Florida Trust Wealth Management Co Invests $260,000 in iShares Silver Trust $SLV

Florida Trust Wealth Management Co purchased a new stake in iShares Silver Trust (NYSEARCA:SLV) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,131 shares of the exchange traded fund’s stock, valued at approximately $260,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of SLV. GLOBALT Investments LLC GA purchased a new position in shares of iShares Silver Trust during the 2nd quarter valued at approximately $29,459,000. Guggenheim Capital LLC raised its holdings in iShares Silver Trust by 1,557.6% in the second quarter. Guggenheim Capital LLC now owns 914,527 shares of the exchange traded fund’s stock valued at $30,006,000 after acquiring an additional 859,355 shares in the last quarter. 1832 Asset Management L.P. bought a new position in iShares Silver Trust during the 2nd quarter valued at $26,643,000. Yong Rong HK Asset Management Ltd grew its holdings in iShares Silver Trust by 299.6% during the 2nd quarter. Yong Rong HK Asset Management Ltd now owns 800,000 shares of the exchange traded fund’s stock worth $26,248,000 after acquiring an additional 599,800 shares in the last quarter. Finally, The Manufacturers Life Insurance Company bought a new stake in shares of iShares Silver Trust in the 2nd quarter worth about $17,597,000.

iShares Silver Trust News Roundup

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

• Positive Sentiment: Safe‑haven flows and geopolitical risk pushed gold and silver to record highs, driving demand for bullion ETFs like SLV. Gold, silver see strong gains, record highs
• Positive Sentiment: Multiple market reports cite renewed risk aversion (trade/tariff headlines) as a catalyst for continued precious‑metal inflows, supporting upward pressure on SLV. Gold, silver hit record highs as trade war fears spark safe‑haven rush
• Positive Sentiment: Market commentator Lobo Tiggre interprets the recent violent silver dip as a flush (liquidation) rather than a market top, implying potential resumption of the rally — bullish for bullion ETFs. Lobo Tiggre Says Silver’s Violent Pullback Looks Like a Flush
• Neutral Sentiment: BNP Paribas research sees strong catalysts for gold and projects very high targets, but warns silver could attract profit‑taking once it climbs above $100 — a mixed signal for momentum and near‑term volatility in SLV. New catalysts are driving gold to $5,000, silver will likely sell off after $100 – BNP Paribas’ Wilson
• Neutral Sentiment: Exploration news from a small silver/gold junior confirms high‑grade mineralization — positive for mining stocks but limited direct impact on SLV, which tracks physical silver. Pinnacle Silver and Gold confirms high‑grade mineralization at El Potrero
• Negative Sentiment: Some reports note silver still lags gold on an intraday/short‑term basis, which could cap SLV’s upside if momentum favors gold over silver in the near term. Gold price surges to new heights, silver lagging

iShares Silver Trust Stock Performance

Shares of iShares Silver Trust stock opened at $85.39 on Wednesday. iShares Silver Trust has a 1 year low of $26.57 and a 1 year high of $86.33. The firm’s 50-day simple moving average is $60.70 and its 200-day simple moving average is $46.55. The firm has a market cap of $48.64 billion, a PE ratio of -8.51 and a beta of 0.38.

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.