WESCAP Management Group Inc. lifted its holdings in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 6.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 205,030 shares of the exchange traded fund’s stock after buying an additional 11,875 shares during the quarter. iShares Silver Trust comprises 1.8% of WESCAP Management Group Inc.’s investment portfolio, making the stock its 16th biggest position. WESCAP Management Group Inc.’s holdings in iShares Silver Trust were worth $8,687,000 as of its most recent SEC filing.
A number of other hedge funds have also bought and sold shares of SLV. GLOBALT Investments LLC GA bought a new position in shares of iShares Silver Trust in the second quarter worth $29,459,000. Guggenheim Capital LLC lifted its holdings in 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 purchasing an additional 859,355 shares in the last quarter. 1832 Asset Management L.P. purchased a new stake in iShares Silver Trust during the 2nd quarter worth about $26,643,000. Yong Rong HK Asset Management Ltd boosted its stake in iShares Silver Trust by 299.6% in 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 purchasing an additional 599,800 shares during the period. Finally, The Manufacturers Life Insurance Company purchased a new position in iShares Silver Trust during the 2nd quarter valued at about $17,597,000.
iShares Silver Trust News Summary
Here are the key news stories impacting iShares Silver Trust this week:
- Positive Sentiment: Analysts say the bull case for precious metals remains intact despite recent swings; this commentary supports longer‑term investor confidence in silver ETFs like SLV. Historic swings batter gold and silver, but analysts say the bull case is intact
- Positive Sentiment: Safe‑haven flows and renewed hopes for Fed rate cuts have driven a rebound in gold and silver, providing short‑term support to SLV. Gold (XAUUSD) & Silver Price Forecast: Safe-Haven Bid Returns – Can XAU Recover $5,000?
- Neutral Sentiment: Technical analysis notes key support levels holding amid high volatility — this limits immediate downside but keeps SLV sensitive to shocks. Gold and Silver Technical Analysis: Key Support Holds Amid Rising Volatility
- Neutral Sentiment: Options strategies on SLV are offering high premiums as implied volatility spikes — attractive to income traders but signaling elevated risk for ETF holders. SLV: Selling Options Brings High Premiums When Implied Volatility Is High
- Negative Sentiment: SLV experienced a very large, rapid drawdown last week after a Fed chair nomination rattled markets — this forced sharp ETF outflows and margin selling that pressured the share price. SLV Plunged 35.6% in Five Days After Fed Chair Nomination Rattled Silver Markets
- Negative Sentiment: Analysts and market reports point to deleveraging and margin calls as major drivers of a recent 10–16% intraday plunge in silver — factors that can amplify further downside for SLV. Gold (XAUUSD), Silver, Platinum Forecasts – Silver Dives 13% On Deleveraging
- Negative Sentiment: Retail/jewelry demand may weaken after major jeweller Pandora says it will pivot away from silver toward platinum—this could reduce a structural source of silver demand. Pandora aims to break with volatile silver market, CEO says
- Negative Sentiment: Major outlets report renewed plunges and continued volatility in silver after a brief rebound, keeping downside pressure and investor caution high for SLV. Silver Plunges After Brief Rebound as Volatility Remains High
iShares Silver Trust Trading Up 5.2%
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.
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