Florida Financial Advisors LLC grew its position in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 54.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 43,059 shares of the exchange traded fund’s stock after acquiring an additional 15,131 shares during the period. iShares Silver Trust accounts for 0.8% of Florida Financial Advisors LLC’s portfolio, making the stock its 27th largest holding. Florida Financial Advisors LLC’s holdings in iShares Silver Trust were worth $2,774,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. Raleigh Capital Management Inc. bought a new position in shares of iShares Silver Trust in the third quarter valued at approximately $32,000. Rialto Wealth Management LLC bought a new position in shares of iShares Silver Trust in the fourth quarter valued at approximately $33,000. BOK Financial Private Wealth Inc. bought a new position in shares of iShares Silver Trust in the fourth quarter valued at approximately $34,000. Farmers & Merchants Trust Co of Chambersburg PA raised its stake in shares of iShares Silver Trust by 274.2% in the fourth quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 580 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 425 shares during the last quarter. Finally, Hopwood Financial Services Inc. bought a new position in shares of iShares Silver Trust in the third quarter valued at approximately $38,000.
iShares Silver Trust Stock Performance
NYSEARCA:SLV opened at $68.33 on Monday. iShares Silver Trust has a 1 year low of $29.78 and a 1 year high of $109.83. The firm has a 50 day moving average of $68.57 and a 200-day moving average of $68.51. The stock has a market capitalization of $38.67 billion, a P/E ratio of -8.51 and a beta of 0.45.
iShares Silver Trust News Roundup
- Positive Sentiment: Silver could benefit if gold’s rally and renewed safe-haven demand continue, as traders bet on a possible U.S.-Iran deal and broader Middle East peace optimism. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Prices Jump Amid Iran Deal Hopes
- Positive Sentiment: Silver also got support from easing expectations for hawkish Federal Reserve policy, which helped lift precious metals broadly. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Rebounds As Traders Bet On Iran Deal
- Neutral Sentiment: Recent market reports show silver trading with mixed signals as the Middle East truce holds, with prices bouncing in some sessions but still lacking clear momentum. Gold (XAUUSD) & Silver Price Forecast: 8 Weeks of Ceasefire — Gold Defends $4,514, Silver Under Pressure?
- Negative Sentiment: Multiple analysts warned that silver’s rally is losing steam because of weak industrial demand, volatility, and valuation concerns, which could pressure SLV if those trends persist. Silver Rally Faces Pressure: Time for Inverse ETFs?
- Negative Sentiment: UBS said silver could fall further as “demand destruction” becomes a concern, noting silver’s industrial uses make it more sensitive to economic weakness than gold. Silver could fall further after latest slump, analysts say as they warn of demand destruction
- Negative Sentiment: Another forecast suggested silver was under pressure even as gold held up, reinforcing concerns that silver may lag if risk appetite improves and safe-haven flows fade. Gold (XAUUSD) & Silver Price Forecast: Ceasefire Holds in Week 8 – Gold Breaks $4,500, Silver Drops to $73.42?
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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