Chesley Taft & Associates LLC boosted its position in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 16.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 101,350 shares of the exchange traded fund’s stock after buying an additional 13,950 shares during the period. Chesley Taft & Associates LLC’s holdings in iShares Silver Trust were worth $6,529,000 as of its most recent SEC filing.
Other large investors also recently bought and sold shares of the company. Rialto Wealth Management LLC acquired a new stake in shares of iShares Silver Trust in the 4th quarter worth $33,000. Nexus Investment Management ULC increased its stake in shares of iShares Silver Trust by 50.0% during the third quarter. Nexus Investment Management ULC now owns 750 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 250 shares during the period. Raleigh Capital Management Inc. acquired a new position in shares of iShares Silver Trust during the third quarter worth about $32,000. Hopwood Financial Services Inc. purchased a new position in iShares Silver Trust during the third quarter worth about $38,000. Finally, ORG Partners LLC raised its holdings in iShares Silver Trust by 38.9% during the third quarter. ORG Partners LLC now owns 1,125 shares of the exchange traded fund’s stock worth $48,000 after purchasing an additional 315 shares in the last quarter.
iShares Silver Trust Stock Up 4.4%
Shares of NYSEARCA:SLV opened at $63.44 on Friday. iShares Silver Trust has a 52 week low of $26.57 and a 52 week high of $109.83. The company has a 50-day moving average price of $76.55 and a 200 day moving average price of $60.34. The company has a market cap of $34.92 billion, a P/E ratio of -8.51 and a beta of 0.38.
iShares Silver Trust News Roundup
- Positive Sentiment: Sprott’s McIntyre says broad institutional buy-in for gold is still coming and silver should follow gold higher over time — a bullish structural narrative that supports longer-term ETF inflows into SLV. Gold’s big institutional buy-in still to come, silver will follow gold’s lead higher – Sprott’s McIntyre
- Positive Sentiment: Market commentators note modest corrective bounces in gold and silver amid recent weakness — technical buying and short-covering are supporting silver prices and ETF flows today. Modest price gains in gold, silver on corrective bounces
- Positive Sentiment: Technical analysts highlight rebounds from key support levels driven by a weaker dollar in recent sessions — this technical recovery can fuel short-term inflows into SLV. Gold and Silver Technical Analysis: Can XAUUSD Sustain Rebound From Key Support Levels?
- Neutral Sentiment: Broader ETF and equity futures weakness has been reported amid Middle East tensions, creating mixed flow patterns — equities falling can sometimes push safe-haven demand but the net impact on silver/SLV has been uneven. Exchange-Traded Funds, Equity Futures Lower Pre-Bell Thursday Amid Ongoing Middle East Tensions
- Negative Sentiment: Several analysts point to a firmer US dollar and rising bond yields as key drivers of recent gold and silver sell-offs — these macro forces tend to pressure SLV by reducing safe-haven and inflation-hedge demand. Solid losses for gold, silver on firmer USDX, rising bond yields
- Negative Sentiment: Commodity-focused coverage notes a sharp intraday drop as oil markets rallied and the dollar surged previously, triggering declines in precious metals and pressuring silver ETF levels. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Dives 2.5 As Oil Markets Rally
- Negative Sentiment: Coverage highlights a fading safe-haven bid amid shifting Middle East ceasefire prospects and Fed rate expectations, which has weighed on precious metals and can reduce appetite for SLV. Gold, Silver Tumble Again. One Thing Is Wreaking Havoc on Precious Metals.
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.
Featured Articles
Receive News & Ratings for iShares Silver Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Silver Trust and related companies with MarketBeat.com's FREE daily email newsletter.
