Northwestern Mutual Wealth Management Co. increased its holdings in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 58.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 746,397 shares of the exchange traded fund’s stock after buying an additional 276,297 shares during the period. Northwestern Mutual Wealth Management Co. owned about 0.14% of iShares Silver Trust worth $48,083,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Raymond James Financial Inc. lifted its holdings in iShares Silver Trust by 12.7% in the 3rd quarter. Raymond James Financial Inc. now owns 2,786,172 shares of the exchange traded fund’s stock valued at $118,050,000 after purchasing an additional 313,816 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in iShares Silver Trust by 27.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,676,218 shares of the exchange traded fund’s stock valued at $113,391,000 after purchasing an additional 573,660 shares in the last quarter. Mainstay Capital Management LLC ADV lifted its holdings in iShares Silver Trust by 82.5% in the 4th quarter. Mainstay Capital Management LLC ADV now owns 1,824,479 shares of the exchange traded fund’s stock valued at $117,533,000 after purchasing an additional 824,589 shares in the last quarter. HighTower Advisors LLC lifted its holdings in iShares Silver Trust by 5.7% in the 3rd quarter. HighTower Advisors LLC now owns 1,750,124 shares of the exchange traded fund’s stock valued at $74,153,000 after purchasing an additional 94,521 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in iShares Silver Trust by 20.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,646,056 shares of the exchange traded fund’s stock valued at $69,743,000 after purchasing an additional 273,913 shares in the last quarter.
iShares Silver Trust Trading Down 0.0%
NYSEARCA:SLV opened at $68.33 on Friday. The firm has a market cap of $38.67 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45. The company’s 50-day moving average is $68.57 and its two-hundred day moving average is $68.36. iShares Silver Trust has a 12-month low of $29.78 and a 12-month high of $109.83.
More iShares Silver Trust News
- 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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