J.W. Cole Advisors Inc. grew its holdings in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 16.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 100,517 shares of the exchange traded fund’s stock after purchasing an additional 13,980 shares during the period. J.W. Cole Advisors Inc.’s holdings in iShares Silver Trust were worth $4,259,000 at the end of the most recent reporting period.
Several other institutional investors have also bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of iShares Silver Trust by 14.6% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 242,573 shares of the exchange traded fund’s stock valued at $10,525,000 after purchasing an additional 30,915 shares in the last quarter. Adamsbrown Wealth Consultants LLC acquired a new position in iShares Silver Trust during the third quarter valued at $235,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in iShares Silver Trust in the 3rd quarter worth about $832,000. Benjamin Edwards Inc. boosted its position in iShares Silver Trust by 298.4% during the 3rd quarter. Benjamin Edwards Inc. now owns 50,197 shares of the exchange traded fund’s stock worth $2,127,000 after acquiring an additional 37,598 shares during the period. Finally, Continuum Advisory LLC purchased a new position in iShares Silver Trust during the 3rd quarter valued at about $524,000.
iShares Silver Trust Price Performance
Shares of SLV opened at $66.69 on Friday. The business’s 50-day moving average is $70.40 and its 200-day moving average is $50.79. The company has a market capitalization of $36.71 billion, a price-to-earnings ratio of -8.51 and a beta of 0.38. iShares Silver Trust has a fifty-two week low of $26.57 and a fifty-two week high of $109.83.
More iShares Silver Trust News
- Positive Sentiment: Short-lived rebounds show there is still buyer interest and technical support attempts after last week’s historic selloff; these rebounds can produce short covering and volatility-driven bounce opportunities. Gold, silver extend price rebounds
- Neutral Sentiment: Some analysts argue fundamentals still favor metals over the medium term even if the “explosive” move won’t repeat immediately — a reminder SLV’s long-term thesis may remain intact despite near-term pain. Gold and silver unlikely to repeat “explosive rally” but should still climb steadily
- Neutral Sentiment: Options and trading flows have amplified moves — increased volatility draws speculators and hedgers, which can deepen short-term swings in SLV but doesn’t directly change underlying metal fundamentals. How Are Options Traders Playing Silver’s Wild Swings?
- Negative Sentiment: Deleveraging and margin calls appear to have triggered heavy forced selling in silver, precipitating a steep drop in prices that directly hurts SLV. Silver Dives 13% On Deleveraging
- Negative Sentiment: Market shock tied to a Fed chair nomination and its policy implications rattled silver — SLV dropped sharply after that news, erasing months of gains in a matter of days. SLV Plunged 35.6% in Five Days After Fed Chair Nomination Rattled Silver Markets
- Negative Sentiment: Macro forces — dollar strength and easing geopolitical (Iran) tensions — have reduced safe-haven demand for silver, contributing to the recent slide. Dollar Surge Hits Gold, Silver Pressure
- Negative Sentiment: Demand-side risk: major jewellers (e.g., Pandora) are pivoting away from silver toward alternatives like platinum to reduce exposure to silver-price volatility, a potential headwind for physical demand over time. Pandora aims to break with volatile silver market, CEO says
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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