Pathfinder Wealth Consulting Inc. purchased a new position in iShares Silver Trust (NYSEARCA:SLV – Free Report) during the fourth quarter, HoldingsChannel reports. The fund purchased 14,715 shares of the exchange traded fund’s stock, valued at approximately $948,000.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in SLV. Teacher Retirement System of Texas lifted its holdings in shares of iShares Silver Trust by 259.9% in the fourth quarter. Teacher Retirement System of Texas now owns 1,400,000 shares of the exchange traded fund’s stock worth $90,188,000 after buying an additional 1,011,000 shares in the last quarter. Quadrature Capital Ltd grew its stake in iShares Silver Trust by 1,691.5% during the third quarter. Quadrature Capital Ltd now owns 960,353 shares of the exchange traded fund’s stock valued at $40,681,000 after acquiring an additional 906,747 shares in the last quarter. Mainstay Capital Management LLC ADV increased its holdings in iShares Silver Trust by 478.6% in the 3rd quarter. Mainstay Capital Management LLC ADV now owns 999,890 shares of the exchange traded fund’s stock valued at $42,365,000 after acquiring an additional 827,089 shares during the last quarter. Briaud Financial Planning Inc increased its holdings in iShares Silver Trust by 5,493.2% in the 3rd quarter. Briaud Financial Planning Inc now owns 621,064 shares of the exchange traded fund’s stock valued at $26,314,000 after acquiring an additional 609,960 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its stake 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 worth $113,391,000 after purchasing an additional 573,660 shares in the last quarter.
More iShares Silver Trust News
Here are the key news stories impacting iShares Silver Trust this week:
- Positive Sentiment: Trading has begun in Abaxx Silver Singapore futures, adding a new physically deliverable benchmark that could support liquidity and longer-term interest in industrial silver markets. Silver Singapore Futures Now Live for Trading on Abaxx Exchange
- Neutral Sentiment: Silver remains near key support levels despite bond market volatility, suggesting traders are still waiting for clearer direction from rates and macro data. Gold, silver prices remain caught between rate hike fears and bond market stress
- Neutral Sentiment: Recent U.S.-Iran developments have created mixed signals for precious metals, with safe-haven demand partially offset by pressure from stronger yields and the dollar. Gold weakens as U.S.-Iran talks keep oil, rates in focus – Kitco PM Report
- Negative Sentiment: Precious metals are losing ground as traders price in the risk that the Fed could keep rates elevated or even raise them further, which is weighing on silver. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Pulls Back As Traders Worry About Hawkish Fed
- Negative Sentiment: Silver prices were also weaker in early trading as the dollar firmed and safe-haven support tied to Iran-related tensions faded, adding near-term downside pressure to SLV. Gold, silver ease as dollar firms, U.S.-Iran talks drag on – Kitco AM Report
iShares Silver Trust Stock Down 1.6%
iShares Silver Trust 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.
See Also
- Five stocks we like better than iShares Silver Trust
- Workday Validates AI Flywheel: Stock Price Recovery Begins
- HubSpot at 2019 Levels Is an Opportunity—Not a Warning
- Was Decker’s Double Beat a Bullish Signal—Or Mere HOKA’s-Pocus?
- Kiniksa Pharmaceuticals Still Has Room to Run After 100% Rally
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).
Receive News & Ratings for iShares Silver Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Silver Trust and related companies with MarketBeat.com's FREE daily email newsletter.
