CoreCap Advisors LLC acquired a new stake in shares of iShares MSCI Global Silver and Metals Miners ETF (BATS:SLVP – Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 70,523 shares of the company’s stock, valued at approximately $2,417,000. CoreCap Advisors LLC owned 0.39% of iShares MSCI Global Silver and Metals Miners ETF at the end of the most recent reporting period.
A number of other large investors also recently modified their holdings of the company. EverSource Wealth Advisors LLC purchased a new stake in iShares MSCI Global Silver and Metals Miners ETF in the 2nd quarter worth $114,000. Ameriprise Financial Inc. lifted its position in shares of iShares MSCI Global Silver and Metals Miners ETF by 3.7% in the second quarter. Ameriprise Financial Inc. now owns 218,306 shares of the company’s stock valued at $3,888,000 after acquiring an additional 7,812 shares in the last quarter. Bogart Wealth LLC purchased a new position in shares of iShares MSCI Global Silver and Metals Miners ETF in the third quarter valued at about $27,000. Harbour Trust & Investment Management Co bought a new position in shares of iShares MSCI Global Silver and Metals Miners ETF in the third quarter worth about $251,000. Finally, JPMorgan Chase & Co. boosted its stake in shares of iShares MSCI Global Silver and Metals Miners ETF by 69.8% in the third quarter. JPMorgan Chase & Co. now owns 1,022 shares of the company’s stock worth $28,000 after acquiring an additional 420 shares during the period.
Key iShares MSCI Global Silver and Metals Miners ETF News
Here are the key news stories impacting iShares MSCI Global Silver and Metals Miners ETF this week:
- Positive Sentiment: Sprott says a large institutional buy‑in for gold is still coming and silver should follow higher over time — a bullish narrative for metal miners and SLVP if flows accelerate. Gold’s big institutional buy-in still to come, silver will follow gold’s lead higher – Sprott’s McIntyre
- Positive Sentiment: Silver‑miner performance has been strong over the last year (large percentage gains cited), supporting investor appetite for ETFs that concentrate on silver and base‑metals miners like SLVP. Silver Miners Are Up 124%, Platinum Up 89%: The 3 ETFs Giving Commodity Investors Access to Both
- Neutral Sentiment: Analysts note modest corrective bounces in gold and silver after recent weakness — short‑term technical relief can support miners briefly, but upside is being contested by macro headwinds. Modest price gains in gold, silver on corrective bounces
- Negative Sentiment: Surging U.S. dollar and rising bond yields are pressuring precious‑metal prices (reducing safe‑haven demand), a direct negative for miners exposure in SLVP. Gold (XAUUSD) & Silver Price Forecast: Safe-Haven Exit? Why Gold is Diving
- Negative Sentiment: Gold and silver have seen sharp intraday losses (gold down ~2.5% and silver down >4% in one session) as oil rallied and macro risk sentiment shifted — large declines in metal prices typically hit miner ETFs harder. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Dives 2.5% As Oil Markets Rally
- Negative Sentiment: Geopolitical developments (fading hopes for an Iran ceasefire) removed a source of safe‑haven support, contributing to recent falls in gold and silver and weighing on miner stocks. Gold, Silver Tumble Again. One Thing Is Wreaking Havoc on Precious Metals.
iShares MSCI Global Silver and Metals Miners ETF Trading Up 2.9%
iShares MSCI Global Silver and Metals Miners ETF Company Profile
The iShares MSCI Global Silver and Metals Miners ETF (SLVP) is an exchange-traded fund that is based on the MSCI ACWI Select Silver Miners IMI index, a market-cap-weighted index of global companies that earn the majority of their revenues from silver mining. SLVP was launched on Jan 31, 2012 and is managed by BlackRock.
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