Stevens Capital Management LP trimmed its stake in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 79.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 9,900 shares of the exchange traded fund’s stock after selling 37,700 shares during the quarter. Stevens Capital Management LP’s holdings in iShares Silver Trust were worth $638,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in SLV. Nexus Investment Management ULC grew its holdings in iShares Silver Trust by 50.0% during the 3rd quarter. Nexus Investment Management ULC now owns 750 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 250 shares in the last quarter. Raleigh Capital Management Inc. purchased a new stake in shares of iShares Silver Trust in the third quarter worth about $32,000. Rialto Wealth Management LLC purchased a new stake in shares of iShares Silver Trust in the fourth quarter worth about $33,000. Farmers & Merchants Trust Co of Chambersburg PA boosted its position 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 period. 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 News Roundup
Here are the key news stories impacting iShares Silver Trust this week:
- Positive Sentiment: Gold and silver received short‑term support after Treasury yields pulled back, which can help SLV by reducing the opportunity cost of holding non‑yielding metals. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Moves Higher As Treasury Yields Pull Back
- Positive Sentiment: Ongoing Gulf/Strait of Hormuz risk lifted safe‑haven flows intermittently, helping silver demand despite mixed data on the dollar. Such geopolitical spikes can prompt short‑term inflows into SLV. Gold firms, silver gains as traders weigh Hormuz risk, dollar firmness
- Neutral Sentiment: A conditional US‑Iran truce eased immediate Hormuz disruption fears, which reduces near‑term safe‑haven demand for silver, but central‑bank purchases (notably China) continue to provide baseline support—result: mixed pressure on SLV. Gold (XAUUSD) & Silver Price Forecast: Truce Eases Tensions — Will $4500 Hold or Collapse?
- Neutral Sentiment: Dislocations in the silver futures curve (AGQ backwardation and a delivery squeeze) have amplified volatility—this can boost short‑term prices but raises delivery/default risk that could reverberate through physical‑backed ETFs like SLV. AGQ’s Backwardation Squeeze Could Trigger a Delivery Default That Whipsaws Silver
- Negative Sentiment: Stronger U.S. economic data and firmer Treasury yields have pressured precious metals generally, weakening SLV as investors favor yield‑bearing assets over bullion. Gold, silver slide as stronger U.S. data, firmer yields pressure metals
- Negative Sentiment: Rate‑fear headlines (30‑year yield spikes toward 5.1%) and technical breakdowns have driven sector selling and weaker flows into gold/silver ETFs, weighing on SLV liquidity and price. Gold Slides, 30-Year Yield Hits 5.1% as Rate Fears Take Over
- Negative Sentiment: ETF competition and tracking differences drew attention after an analysis showed SIVR outperforming SLV, a factor that could divert flows away from SLV if investors shift to alternatives. SIVR Beats SLV. Here Is Why.
iShares Silver Trust Trading Down 0.0%
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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