Belpointe Asset Management LLC reduced its holdings in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 60.2% during the 3rd quarter, HoldingsChannel reports. The firm owned 39,760 shares of the exchange traded fund’s stock after selling 60,102 shares during the period. Belpointe Asset Management LLC’s holdings in iShares Silver Trust were worth $1,685,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently bought and sold shares of the business. Center for Financial Planning Inc. acquired a new position in iShares Silver Trust in the 2nd quarter valued at about $25,000. Addison Advisors LLC purchased a new position in shares of iShares Silver Trust in the 2nd quarter valued at approximately $31,000. Nexus Investment Management ULC increased its holdings in shares of iShares Silver Trust by 50.0% in the third 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. Trust Co. of Toledo NA OH acquired a new position in shares of iShares Silver Trust in the second quarter valued at approximately $38,000. Finally, Darwin Wealth Management LLC acquired a new stake in shares of iShares Silver Trust during the second quarter worth $39,000.
iShares Silver Trust Price Performance
NYSEARCA:SLV opened at $105.60 on Thursday. The firm has a market cap of $60.54 billion, a price-to-earnings ratio of -8.51 and a beta of 0.38. The firm’s fifty day moving average price is $66.50 and its 200 day moving average price is $49.03. iShares Silver Trust has a 1-year low of $26.57 and a 1-year high of $106.70.
Trending Headlines about iShares Silver Trust
- Positive Sentiment: SLV is trading just shy of its all‑time high as spot silver moves above $110/oz, supporting ETF demand and price momentum. SLV ETF Near All-Time High As Silver Explodes Past $110
- Positive Sentiment: Commentary argues the metals rally reflects weakening confidence in fiat currencies, which would sustain safe‑haven flows into silver and SLV. Gold’s, silver’s record run signals a crisis of confidence in fiat currencies
- Positive Sentiment: Data shows U.S. retail traders are buying silver ETFs faster than many tech favourites, driving large inflows and higher trading volumes in SLV. US retail traders buy silver ETFs faster than tech favorites, Vanda Research says
- Positive Sentiment: An institutional manager (Adamsbrown Wealth Consultants) disclosed a new purchase of SLV shares, signaling some institutional participation alongside retail flows. Adamsbrown Wealth Consultants LLC Makes New $235,000 Investment in iShares Silver Trust $SLV
- Neutral Sentiment: Coverage highlights intense retail interest and day‑trader activity in SLV—this can sustain near‑term flows but also introduce speculative volatility. Silver is retail traders’ new obsession as record numbers bet on rally — and on a crash
- Neutral Sentiment: Advisory pieces outline risk‑management strategies for investors in a fast‑moving silver market, useful for positioning but not a directional catalyst. Can Silver Go Higher Still? How to Play It Safer.
- Negative Sentiment: Saxo Bank cautions that silver looks like a bubble, warning of a potential sharp pullback if momentum reverses. Gold remains well supported at $5,000, but silver is a bubble – Saxo Bank’s Hansen
- Negative Sentiment: HSBC and other outlets flag that after the massive rally it may be time to take profits—suggesting short‑term downside risk from profit‑taking. After silver’s massive price rally, it may be time to take profits while momentum lasts – HSBC
- Negative Sentiment: Analysis notes rising volatility and liquidity concerns after record highs—heightened swings could push SLV lower in a fast unwind. Silver Falls From Record High. Why Volatility Is a Concern.
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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