iShares Silver Trust (NYSEARCA:SLV) Shares Gap Up – Should You Buy?

iShares Silver Trust (NYSEARCA:SLV) gapped up before the market opened on Friday . The stock had previously closed at $67.73, but opened at $71.21. iShares Silver Trust shares last traded at $70.7180, with a volume of 18,225,837 shares.

Key Headlines Impacting iShares Silver Trust

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

• Positive Sentiment: U.S. CPI provided supportive macro momentum for precious metals, helping lift gold and silver sentiment and underpin SLV after recent weakness. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Climbed Back Above $5000
• Positive Sentiment: Pre-CPI positioning and short-covering pushed prices higher ahead of the report, creating near-term buying that benefits SLV flows. Price gains for gold, silver ahead of U.S. CPI
• Positive Sentiment: A view that the recent “great silver selloff” is temporary may encourage dip-buying into SLV rather than long-term exits. That narrative supports short-term demand for the ETF. Wait and see, this great silver selloff is temporary | SLV
• Positive Sentiment: Physical-market signals: reported plunges in silver inventory and stronger physical demand complicate Western pricing and can support higher silver prices over time, a bullish fundamental for SLV. Silver inventory plunges as physical demand challenges western pricing benchmarks
• Neutral Sentiment: Asset managers (Franklin Templeton) see opportunity in mining stocks while bullion ETFs like SLV trade with volatility — this may shift some investor dollars toward miners rather than the metal ETF. As gold and silver struggle, Franklin Templeton sees value in mining stocks
• Neutral Sentiment: Commentary on extreme volatility (ties to 2008 record swings) highlights risk — relevant for position sizing but not a direct directional signal for SLV. Silver’s Wild Swings Tie A Record From 2008
• Neutral Sentiment: Articles promoting specific silver stocks or short-squeeze trades focus on miners and retail interest — these can affect market structure but are indirect for SLV flows. 3 silver stocks to buy now if you are betting on a short squeeze
• Negative Sentiment: Analysis from a former bullion bank executive argues the recent ~10.5% drop was structural liquidation rather than manipulation — implying continued risk of flow-driven dumps and pressure on SLV until those mechanics unwind. Silver’s 10.5% Drop Reflects Structural Liquidation, Not Manipulation, Says Former Bullion Bank Executive
• Negative Sentiment: Multiple reports document a rapid, large selloff in gold and silver with unclear drivers; that uncertainty and momentum selling exerted sharp downside pressure on SLV recently. Gold, silver sell off rapidly; reasons are unknown
• Negative Sentiment: Market reports noted a broad commodity sell-off that pushed gold below key levels and dragged silver down ~9% during the rout — a reminder that SLV is vulnerable to rapid risk-off moves. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Dives Below $5000 Amid Broad Sell-Off In Commodity Markets

iShares Silver Trust Trading Up 2.9%

The stock has a fifty day simple moving average of $72.78 and a two-hundred day simple moving average of $52.46. The company has a market cap of $38.38 billion, a PE ratio of -8.51 and a beta of 0.38.

Institutional Investors Weigh In On iShares Silver Trust

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of Montreal Can increased its holdings in shares of iShares Silver Trust by 505.8% in the 4th quarter. Bank of Montreal Can now owns 2,218,970 shares of the exchange traded fund’s stock valued at $142,946,000 after purchasing an additional 1,852,688 shares in the last quarter. Teacher Retirement System of Texas increased its holdings in iShares Silver Trust by 259.9% in the fourth quarter. Teacher Retirement System of Texas now owns 1,400,000 shares of the exchange traded fund’s stock valued at $90,188,000 after buying an additional 1,011,000 shares in the last quarter. Quadrature Capital Ltd lifted its position in shares of iShares Silver Trust by 1,691.5% during the 3rd quarter. Quadrature Capital Ltd now owns 960,353 shares of the exchange traded fund’s stock valued at $40,681,000 after acquiring an additional 906,747 shares during the period. GLOBALT Investments LLC GA acquired a new stake in shares of iShares Silver Trust during the 2nd quarter valued at approximately $29,459,000. Finally, Guggenheim Capital LLC boosted its stake in shares of iShares Silver Trust by 1,557.6% during the 2nd quarter. Guggenheim Capital LLC now owns 914,527 shares of the exchange traded fund’s stock worth $30,006,000 after acquiring an additional 859,355 shares in the last quarter.

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.