Fidelis Capital Partners LLC increased its stake in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 147.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 14,521 shares of the exchange traded fund’s stock after buying an additional 8,650 shares during the period. Fidelis Capital Partners LLC’s holdings in iShares Silver Trust were worth $935,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Royal Palms Capital LLC bought a new stake in shares of iShares Silver Trust in the fourth quarter worth $5,105,000. TrustBank bought a new stake in shares of iShares Silver Trust in the fourth quarter worth $115,000. Integrity Alliance LLC. increased its stake in shares of iShares Silver Trust by 80.5% in the fourth quarter. Integrity Alliance LLC. now owns 19,629 shares of the exchange traded fund’s stock worth $1,265,000 after buying an additional 8,757 shares during the last quarter. Clear Investment Research LLC increased its stake in shares of iShares Silver Trust by 228.5% in the fourth quarter. Clear Investment Research LLC now owns 8,246 shares of the exchange traded fund’s stock worth $531,000 after buying an additional 5,736 shares during the last quarter. Finally, Box Hill Private Wealth LLC bought a new stake in shares of iShares Silver Trust in the fourth quarter worth $227,000.
Trending Headlines about iShares Silver Trust
Here are the key news stories impacting iShares Silver Trust this week:
- Positive Sentiment: Silver prices moved higher as traders scaled back bets on hawkish Federal Reserve policy and reacted to improving risk sentiment tied to Middle East peace optimism, which can lift bullion-backed ETFs like SLV. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Rebounds As Traders Bet On Iran Deal
- Positive Sentiment: Some analysts remain constructive on silver over the long term, with commentary suggesting the metal could still see higher prices later this year even as near-term volatility stays elevated. Silver can reach $100 an ounce this year, but the momentum won’t last – Bank of America
- Neutral Sentiment: Entrata, a private-equity-backed software company tied to Silver Lake, filed for a U.S. IPO. This is not directly related to SLV’s holdings, but it added to news flow around the “Silver” name. Silver Lake-backed property management software firm Entrata files for US IPO
- Negative Sentiment: Several reports said silver’s sharp rally may be running into resistance, with weak industrial demand, overvaluation concerns, and talk of demand destruction potentially pressuring prices. Silver Rally Faces Pressure: Time for Inverse ETFs?
- Negative Sentiment: UBS and other analysts warned that silver’s industrial uses make it more sensitive to economic slowing, which could reduce demand and weigh on the trust if the metal pulls back further. Silver could fall further after latest slump, analysts say as they warn of demand destruction
iShares Silver Trust Trading Up 1.3%
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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