Berger Financial Group Inc trimmed its position in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 37.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 12,149 shares of the exchange traded fund’s stock after selling 7,175 shares during the quarter. Berger Financial Group Inc’s holdings in iShares Silver Trust were worth $783,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently modified their holdings of the company. Nexus Investment Management ULC raised its holdings in shares of iShares Silver Trust by 50.0% in the 3rd quarter. Nexus Investment Management ULC now owns 750 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 250 shares during the period. Raleigh Capital Management Inc. bought a new stake in shares of iShares Silver Trust in the 3rd quarter valued at about $32,000. Rialto Wealth Management LLC bought a new stake in shares of iShares Silver Trust in the 4th quarter valued at about $33,000. Hopwood Financial Services Inc. bought a new stake in shares of iShares Silver Trust in the 3rd quarter valued at about $38,000. Finally, Bangor Savings Bank bought a new stake in shares of iShares Silver Trust in the 4th quarter valued at about $38,000.
iShares Silver Trust Stock Performance
Shares of SLV stock opened at $73.63 on Monday. The firm’s 50-day moving average is $71.41 and its 200-day moving average is $63.51. The stock has a market cap of $41.67 billion, a price-to-earnings ratio of -8.51 and a beta of 0.52. iShares Silver Trust has a 52-week low of $29.04 and a 52-week high of $109.83.
Key iShares Silver Trust News
- Positive Sentiment: Analyst bullish case — 247Wall Street argues silver is materially undervalued versus gold (a very wide gold-to-silver ratio) and recommends buying silver ETFs as the next leg up could be “explosive,” giving a fundamental/story-driven catalyst for SLV inflows. Buy This ETF as Silver’s Next Leg up Can Be Even More Explosive
- Positive Sentiment: Macro/price catalyst — Benzinga reports silver rebounded near $80 after a regional ceasefire eased inflation fears and the U.S. dollar weakened; such price strength tends to lift SLV directly through higher NAV and investor interest. Silver Rebounds Near $80 As Ceasefire Eases Inflation Fears— 3 ETFs To Watch Now
- Neutral Sentiment: Market positioning — Pre-market coverage notes broad ETFs and equity futures were firmer as investors took positions around earnings; ETF flows and general risk-on moves can lift commodity ETFs like SLV but are not a direct silver-specific catalyst. Exchange-Traded Funds, Equity Futures Higher Pre-Bell Friday as Investors Take Positions Amid Corporate Earnings
- Neutral Sentiment: Technical/range context — Several market notes (FXEmpire, Kitco) describe silver as range-bound with modest gains and waning volatility; these technical views imply upside is possible but a clear breakout is needed for sustained SLV outperformance. Gold and Silver Price Analysis: Will a Breakout End the Current Range?
- Neutral Sentiment: Longer-term outlook tempered — Bloomberg commentary summarized by Kitco suggests silver may “languish between $50 and $100 for years,” which is not bearish for SLV’s current rally but signals potential limited upside over a multi-year horizon. Silver prices to ‘languish between $50 and $100 for years’ – Bloomberg’s McGlone
- Negative Sentiment: Near-term weakness signals — Some Kitco reports note periods where silver traded weaker even as gold gained, highlighting risk of short-term pullbacks that could temporarily drag SLV down. Gold up a bit, silver weaker in quieter, consolidative trade
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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