DAVENPORT & Co LLC grew its holdings in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 6.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 171,665 shares of the exchange traded fund’s stock after acquiring an additional 10,246 shares during the quarter. DAVENPORT & Co LLC’s holdings in iShares Silver Trust were worth $11,059,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in the business. Nexus Investment Management ULC grew its position in 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 worth $32,000 after acquiring an additional 250 shares in the last quarter. Raleigh Capital Management Inc. bought a new stake in iShares Silver Trust during the third quarter worth approximately $32,000. Rialto Wealth Management LLC purchased a new stake in iShares Silver Trust during the fourth quarter valued at approximately $33,000. Hopwood Financial Services Inc. purchased a new stake in iShares Silver Trust during the third quarter valued at approximately $38,000. Finally, Darwin Wealth Management LLC bought a new stake in shares of iShares Silver Trust in the 2nd quarter valued at approximately $39,000.
iShares Silver Trust Stock Performance
Shares of iShares Silver Trust stock opened at $65.21 on Thursday. The stock has a market cap of $35.90 billion, a price-to-earnings ratio of -8.51 and a beta of 0.38. The stock has a 50 day moving average price of $77.36 and a 200-day moving average price of $60.00. iShares Silver Trust has a one year low of $26.57 and a one year high of $109.83.
iShares Silver Trust News Roundup
- Positive Sentiment: Large recent ETF inflows into SLV — Daily ETF flows show SLV collected substantial new assets, which directly supports fund buying of physical silver and is a clear demand-side boost for the trust. Daily ETF Flows: SLV Inflows Total $616M
- Positive Sentiment: Safe-haven demand ticked up in recent coverage, with multiple reports noting stronger interest in gold and silver amid geopolitical uncertainty — supportive for SLV’s underlying metal value. Gold, silver firmer as safe-haven demand up-ticks
- Positive Sentiment: Price drivers: drops in the USD index and bond yields earlier in the day lifted silver (and gold) — a favorable macro backdrop for SLV since lower real yields and a softer dollar often support precious-metal gains. Gold, silver sharply up as USDX, bond yields dip
- Positive Sentiment: Technical/near-term forecasts from market outlets show silver and platinum moving higher in intraday sessions, reinforcing momentum traders and ETF inflows into SLV. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Gains 2% Despite Strong Dollar
- Neutral Sentiment: Broader market sentiment improved (equity futures and major ETFs higher) on hopes of de‑escalation, which can both help risk appetite and limit safe-haven demand — a mixed influence on SLV depending on whether risk appetite sustains. Exchange-Traded Funds, Equity Futures Higher Pre-Bell Wednesday Amid Hopes of Iran, US Truce
- Neutral Sentiment: Coverage of leveraged ETF performance and broader commodity swings highlights elevated volatility — this can amplify SLV moves but is not a directional driver by itself. 5 Best-Performing Leveraged ETFs of Last Week
- Negative Sentiment: Analyst/commentary note on retail “pile-in” driving recent precious-metal swings suggests some rallies may be fragile and prone to sharp reversals when retail flows reverse — a risk to SLV’s near-term stability. Precious metals price declines stem from retail pile-in, safe haven and debasement trades remain intact – Brookings’ Brooks
- Negative Sentiment: Macro headwinds: some technical/FX forecasts warn that Fed-hawk rhetoric and a firmer dollar could put gold and silver at risk, which would pressure SLV if those forces intensify. Gold (XAUUSD) & Silver Price Forecast: Ceasefire Hopes vs. Fed Hawks – Gold at Risk?
- Negative Sentiment: Some daily forecasts flagged metal downside pressure (e.g., multi-session slips and key Fibonacci breaks), a reminder that technical vulnerability remains if macro sentiment shifts. Gold (XAU) Silver (XAG) Daily Forecast: Iran War Fears vs. Fed Hawks – Metals at Edge?
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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