Empire Financial Management Company LLC Has $1.50 Million Stake in iShares Silver Trust $SLV

Empire Financial Management Company LLC trimmed its stake in iShares Silver Trust (NYSEARCA:SLV) by 54.7% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 22,001 shares of the exchange traded fund’s stock after selling 26,546 shares during the period. Empire Financial Management Company LLC’s holdings in iShares Silver Trust were worth $1,499,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. FARMERS & MERCHANTS TRUST Co OF LONG BEACH bought a new stake in iShares Silver Trust during the first quarter valued at about $2,762,000. Ameliora Wealth Management Ltd. increased its stake in shares of iShares Silver Trust by 15.4% in the fourth quarter. Ameliora Wealth Management Ltd. now owns 86,670 shares of the exchange traded fund’s stock worth $5,583,000 after purchasing an additional 11,563 shares during the period. Prime Capital Investment Advisors LLC increased its stake in shares of iShares Silver Trust by 33.1% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 37,770 shares of the exchange traded fund’s stock worth $2,433,000 after purchasing an additional 9,391 shares during the period. Sound Income Strategies LLC increased its stake in shares of iShares Silver Trust by 268.2% in the fourth quarter. Sound Income Strategies LLC now owns 25,112 shares of the exchange traded fund’s stock worth $1,618,000 after purchasing an additional 18,291 shares during the period. Finally, Finer Wealth Management Inc. acquired a new position in shares of iShares Silver Trust during the 4th quarter worth about $709,000.

Key iShares Silver Trust News

Here are the key news stories impacting iShares Silver Trust this week:

• Positive Sentiment: ETF inflows and continued central-bank purchases are providing underlying support for precious metals, potentially limiting further downside in silver and SLV ahead of the Federal Reserve’s policy decision. Gold and Silver Price Forecast: ETF Inflows Support Gold Ahead of Fed Week
• Positive Sentiment: Silver moved higher earlier in the week as falling oil prices eased inflation concerns and investors positioned for the Fed meeting. A dovish policy signal could revive demand for non-yielding assets such as silver. Gold, Silver Rise as Oil Slides on U.S.-Iran Pause
• Neutral Sentiment: Analysts expect the Fed decision and geopolitical tensions to determine the next major breakout for gold and silver, leaving SLV sensitive to rapidly changing macroeconomic expectations. Gold and Silver Price Forecast: Fed Decision Could Trigger Next Breakout
• Negative Sentiment: Commerzbank lowered its gold and silver price forecasts, citing persistent Middle East conflict and weak prospects for a recovery while the Iran war continues. The downgrade is a direct negative catalyst for SLV. Commerzbank Downgrades Gold and Silver Prices
• Negative Sentiment: Precious metals are losing ground as traders reassess the likelihood of a hawkish Federal Reserve. Higher interest rates or fewer expected cuts increase the opportunity cost of holding silver, weighing on SLV. Gold, Silver and Platinum Forecasts
• Negative Sentiment: Silver’s recent surge and subsequent sharp reversal underscore significant volatility. Commentary on leveraged silver ETFs also highlights compounding and volatility-decay risks, reinforcing concerns about unstable short-term silver exposure. Bullish on Silver? This 2X ETF Doubles Your Bet and Your Risk

iShares Silver Trust Stock Performance

NYSEARCA SLV opened at $51.70 on Wednesday. The stock has a 50-day simple moving average of $58.51 and a 200 day simple moving average of $68.57. iShares Silver Trust has a twelve month low of $33.10 and a twelve month high of $109.83. The stock has a market capitalization of $27.61 billion, a PE ratio of -8.51 and a beta of 0.49.

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.