Florida Financial Advisors LLC increased its stake in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 54.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 43,059 shares of the exchange traded fund’s stock after acquiring an additional 15,131 shares during the period. iShares Silver Trust comprises 0.8% of Florida Financial Advisors LLC’s investment portfolio, making the stock its 27th biggest position. Florida Financial Advisors LLC’s holdings in iShares Silver Trust were worth $2,774,000 at the end of the most recent quarter.
Several other institutional investors have also recently bought and sold shares of the stock. TBH Global Asset Management LLC raised its position in iShares Silver Trust by 1.5% in the 4th quarter. TBH Global Asset Management LLC now owns 6,820 shares of the exchange traded fund’s stock worth $439,000 after purchasing an additional 104 shares during the last quarter. Westside Investment Management Inc. raised its position in iShares Silver Trust by 23.4% in the 4th quarter. Westside Investment Management Inc. now owns 686 shares of the exchange traded fund’s stock worth $44,000 after purchasing an additional 130 shares during the last quarter. JNBA Financial Advisors raised its position in iShares Silver Trust by 1.2% in the 4th quarter. JNBA Financial Advisors now owns 10,737 shares of the exchange traded fund’s stock worth $692,000 after purchasing an additional 132 shares during the last quarter. Wolff Wiese Magana LLC raised its position in iShares Silver Trust by 1.5% in the 4th quarter. Wolff Wiese Magana LLC now owns 10,112 shares of the exchange traded fund’s stock worth $651,000 after purchasing an additional 150 shares during the last quarter. Finally, Wesbanco Bank Inc. raised its position in iShares Silver Trust by 1.2% in the 4th quarter. Wesbanco Bank Inc. now owns 12,421 shares of the exchange traded fund’s stock worth $800,000 after purchasing an additional 152 shares during the last quarter.
More iShares Silver Trust News
Here are the key news stories impacting iShares Silver Trust this week:
- 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 Stock Performance
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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Want to see what other hedge funds are holding SLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Silver Trust (NYSEARCA:SLV – Free Report).
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