Financial Advocates Investment Management Has $2.44 Million Holdings in iShares Silver Trust $SLV

Financial Advocates Investment Management decreased its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 44.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 57,484 shares of the exchange traded fund’s stock after selling 45,163 shares during the quarter. iShares Silver Trust accounts for approximately 1.4% of Financial Advocates Investment Management’s investment portfolio, making the stock its 24th largest position. Financial Advocates Investment Management’s holdings in iShares Silver Trust were worth $2,436,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of SLV. Vantage Financial Partners LLC acquired a new position in shares of iShares Silver Trust during the 3rd quarter worth $489,000. Wealth Enhancement Advisory Services LLC grew its position in 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 acquiring an additional 30,915 shares during the last quarter. D.B. Root & Company LLC acquired a new position in iShares Silver Trust during the third quarter worth about $370,000. Envestnet Asset Management Inc. lifted its holdings in shares of iShares Silver Trust by 20.0% in the third quarter. Envestnet Asset Management Inc. now owns 1,646,056 shares of the exchange traded fund’s stock worth $69,743,000 after acquiring an additional 273,913 shares during the last quarter. Finally, Adamsbrown Wealth Consultants LLC acquired a new stake in shares of iShares Silver Trust in the 3rd quarter valued at approximately $235,000.

iShares Silver Trust Trading Down 11.5%

Shares of iShares Silver Trust stock opened at $67.73 on Friday. The firm’s 50 day moving average is $72.44 and its 200 day moving average is $52.09. The firm has a market capitalization of $37.29 billion, a PE ratio of -8.51 and a beta of 0.38. iShares Silver Trust has a 1 year low of $26.57 and a 1 year high of $109.83.

Key Headlines Impacting iShares Silver Trust

Here are the key news stories impacting iShares Silver Trust this week:

• Positive Sentiment: Physical silver inventories have plunged, indicating tight supply that could undercut western pricing benchmarks and support silver prices (positive for SLV). Silver inventory plunges: physical demand challenges western pricing benchmarks
• Positive Sentiment: J.P. Morgan projects silver will average ~$81/oz this year (well above 2025 average), suggesting a higher price floor over the coming months that could support ETF flows into SLV. Silver will average $81/oz this year – J.P. Morgan
• Neutral Sentiment: Franklin Templeton sees value in mining stocks while bullion struggles — a sector rotation into miners could help metal exposures indirectly but is not an immediate bullish signal for SLV. As gold and silver struggle, Franklin Templeton sees value in mining stocks
• Neutral Sentiment: Several technical/forecast pieces note silver testing resistance levels (mid‑$80s) and that macro moves (NFP, USD) could produce quick reversals — meaning price action remains event-driven and binary. Gold & Silver Price Forecast: Can Gold Clear $5,140 Toward $5,300?
• Neutral Sentiment: Retail/commentary pieces listing silver-related stocks for a potential short squeeze highlight speculative interest in the metal; such activity can briefly spike volatility and flows but is unpredictable for SLV’s passive exposure. 3 silver stocks to buy now if you are betting on a short squeeze
• Negative Sentiment: Reports describe “wild swings” tying 2008 volatility — extreme intraday moves raise liquidation risk and drove selling that pressured SLV today. Silver’s Wild Swings Tie A Record From 2008
• Negative Sentiment: Kitco and market commentators report a rapid gold & silver sell-off with unclear catalysts — sudden large sales have pushed prices lower, which directly reduces SLV NAV and weighed on the ETF. Gold, silver sell off rapidly; reasons are unknown
• Negative Sentiment: FXEmpire and other outlets note a broad commodity sell-off with silver down sharply (reported ~9% intraday), amplifying losses for SLV holders as traders rush for exits. Gold dives below $5,000 amid broad sell-off; silver down ~9%
• Negative Sentiment: Risk‑on sentiment earlier in the session and modest price pressure headlines contributed to metal outflows as investors favored equities over safe-haven metals. Modest price pressure on gold, silver amid uptick in risk appetite

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.