CoreCap Advisors LLC cut its position in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 22.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 72,478 shares of the exchange traded fund’s stock after selling 20,626 shares during the quarter. CoreCap Advisors LLC’s holdings in iShares Silver Trust were worth $4,669,000 as of its most recent SEC filing.
A number of other hedge funds have also recently made changes to their positions in the company. Brighton Jones LLC lifted its holdings in shares of iShares Silver Trust by 9.2% during the fourth quarter. Brighton Jones LLC now owns 18,858 shares of the exchange traded fund’s stock worth $497,000 after purchasing an additional 1,595 shares during the period. Bison Wealth LLC bought a new position in iShares Silver Trust during the 4th quarter worth $238,000. Capstone Wealth Management Group LLC acquired a new position in iShares Silver Trust during the 1st quarter worth about $443,000. Schnieders Capital Management LLC. lifted its holdings in iShares Silver Trust by 15.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 9,975 shares of the exchange traded fund’s stock worth $327,000 after buying an additional 1,300 shares during the period. Finally, XTX Topco Ltd bought a new stake in shares of iShares Silver Trust in the 2nd quarter valued at about $1,965,000.
iShares Silver Trust News Roundup
Here are the key news stories impacting iShares Silver Trust this week:
- Positive Sentiment: Sprott’s McIntyre says broad institutional buy-in for gold is still coming and silver should follow gold higher over time — a bullish structural narrative that supports longer-term ETF inflows into SLV. Gold’s big institutional buy-in still to come, silver will follow gold’s lead higher – Sprott’s McIntyre
- Positive Sentiment: Market commentators note modest corrective bounces in gold and silver amid recent weakness — technical buying and short-covering are supporting silver prices and ETF flows today. Modest price gains in gold, silver on corrective bounces
- Positive Sentiment: Technical analysts highlight rebounds from key support levels driven by a weaker dollar in recent sessions — this technical recovery can fuel short-term inflows into SLV. Gold and Silver Technical Analysis: Can XAUUSD Sustain Rebound From Key Support Levels?
- Neutral Sentiment: Broader ETF and equity futures weakness has been reported amid Middle East tensions, creating mixed flow patterns — equities falling can sometimes push safe-haven demand but the net impact on silver/SLV has been uneven. Exchange-Traded Funds, Equity Futures Lower Pre-Bell Thursday Amid Ongoing Middle East Tensions
- Negative Sentiment: Several analysts point to a firmer US dollar and rising bond yields as key drivers of recent gold and silver sell-offs — these macro forces tend to pressure SLV by reducing safe-haven and inflation-hedge demand. Solid losses for gold, silver on firmer USDX, rising bond yields
- Negative Sentiment: Commodity-focused coverage notes a sharp intraday drop as oil markets rallied and the dollar surged previously, triggering declines in precious metals and pressuring silver ETF levels. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Dives 2.5 As Oil Markets Rally
- Negative Sentiment: Coverage highlights a fading safe-haven bid amid shifting Middle East ceasefire prospects and Fed rate expectations, which has weighed on precious metals and can reduce appetite for SLV. Gold, Silver Tumble Again. One Thing Is Wreaking Havoc on Precious Metals.
iShares Silver Trust Trading Up 4.4%
About iShares Silver Trust
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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