Armstrong Advisory Group Inc. boosted its stake in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 436.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,080 shares of the exchange traded fund’s stock after buying an additional 9,830 shares during the period. Armstrong Advisory Group Inc.’s holdings in iShares Silver Trust were worth $778,000 at the end of the most recent reporting period.
Other hedge funds have also added to or reduced their stakes in the company. NorthCrest Asset Manangement LLC purchased a new position in shares of iShares Silver Trust in the 4th quarter worth about $204,000. Maridea Wealth Management LLC raised its stake in shares of iShares Silver Trust by 6.2% in the fourth quarter. Maridea Wealth Management LLC now owns 13,642 shares of the exchange traded fund’s stock worth $879,000 after purchasing an additional 798 shares during the last quarter. Cooper Financial Group bought a new position in iShares Silver Trust during the 4th quarter valued at about $226,000. Lake Street Private Wealth LLC purchased a new position in shares of iShares Silver Trust during the fourth quarter valued at approximately $371,000. Finally, Cahaba Wealth Management Inc. bought a new position in iShares Silver Trust during the fourth quarter valued at approximately $288,000.
iShares Silver Trust News Roundup
Here are the key news stories impacting iShares Silver Trust this week:
- Positive Sentiment: China’s silver imports hit an eight‑year high (nearly 800 tonnes in Jan–Feb), signalling strong industrial and investment demand that supports medium‑term silver fundamentals. China silver imports hit record high
- Positive Sentiment: Proposed U.S. federal legislation to diversify a precious‑metals vault network could improve access and custody infrastructure for bullion ETFs over time, a structural positive for physical‑backed products like SLV. Proposed U.S. federal legislation looks to diversify precious metals vault network
- Positive Sentiment: Technical commentary (Barron’s) highlights a possible buying opportunity near the $60–$61 area, which may attract bargain hunters if prices stabilize. Silver May Soon Offer an Opportunity. When You See This Price, Buy.
- Neutral Sentiment: Leveraged junior‑miner ETFs (e.g., SILJ) have surged in the rally but are showing volatility and profit‑taking; that rotation can influence investor flows between miners, leveraged funds and physical ETFs like SLV. SILJ Soars With ‘The Silver Surge’, But The Joy Ride Is Getting Rocky
- Neutral Sentiment: Short‑term technical and forecast pieces show mixed signals (some rebounds, some further downside risk), indicating market direction may hinge on macro data and yields. Gold & Silver Price Forecast
- Negative Sentiment: Broad sell‑off in gold and silver tied to rising inflation expectations, a hawkish Fed narrative and higher U.S. Treasury yields has erased large market value and pressured prices — a primary driver of SLV’s decline. Here’s What’s Behind the Selloff in Gold and Silver
- Negative Sentiment: Commentary and market moves describe a sharp, multi‑day drop (including a break below key levels such as $70) and talk of a bear market and large ($3T) value wipeout in precious metals — heightening risk‑off flows out of silver exposures. $3 Trillion Sell-Off In Gold And Silver
- Negative Sentiment: Media and data show miners and related stocks sliding on the metals pullback, which can amplify outflows from the broader silver complex, including ETFs. FTSE 350 precious metals miners slide
iShares Silver Trust Price Performance
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.
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