Solstein Capital LLC Cuts Stake in iShares Silver Trust $SLV

Solstein Capital LLC cut its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 72.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,648 shares of the exchange traded fund’s stock after selling 9,396 shares during the quarter. Solstein Capital LLC’s holdings in iShares Silver Trust were worth $155,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of SLV. Nexus Investment Management ULC grew its position 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 purchasing an additional 250 shares during the last quarter. Raleigh Capital Management Inc. bought a new position in shares of iShares Silver Trust in the third quarter worth approximately $32,000. Hopwood Financial Services Inc. bought a new position in shares of iShares Silver Trust in the third quarter worth approximately $38,000. Addison Advisors LLC purchased a new stake in shares of iShares Silver Trust during the second quarter valued at approximately $31,000. Finally, ORG Partners LLC increased its position in shares of iShares Silver Trust by 38.9% during the third quarter. ORG Partners LLC now owns 1,125 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 315 shares in the last quarter.

iShares Silver Trust Stock Down 1.4%

Shares of NYSEARCA SLV opened at $74.27 on Friday. iShares Silver Trust has a twelve month low of $26.57 and a twelve month high of $109.83. The firm has a market cap of $40.89 billion, a P/E ratio of -8.51 and a beta of 0.38. The company has a 50 day moving average of $77.44 and a 200 day moving average of $56.40.

iShares Silver Trust News Roundup

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

• Positive Sentiment: Geopolitical safe?haven flows have lifted precious metals intermittently, supporting SLV as investors seek hedges after recent U.S.-Iran kinetic events. Read More.
• Positive Sentiment: Multiple market reports note episodic price gains in silver tied to renewed safe?haven bids, which can buoy SLV if geopolitical risk persists. Read More.
• Neutral Sentiment: Analysts and technical forecasts point to consolidation and key resistance levels for precious metals; short?term direction may depend on whether metal prices break technical barriers or resume a pullback. Read More.
• Neutral Sentiment: Several market commentators expect further consolidation in gold and silver as bonds compete as an alternative safe haven, suggesting SLV could trade range?bound near current levels. Read More.
• Negative Sentiment: A stronger U.S. dollar and rising bond yields have triggered sell?offs in precious metals, directly weighing on SLV’s price. Short?term metal weakness tied to USDX rallies is a key headwind. Read More.
• Negative Sentiment: Reports highlighting a very large, concentrated SLV position and notable short trades (coverage on Jane Street and on?chain shorting) have raised concerns about elevated volatility and possible regulatory/sentiment scrutiny, which can pressure price and investor confidence. Read More. Read More.
• Negative Sentiment: SLV’s trading volume is below its average and the ETF is trading under its 50?day moving average, typical technical signals that can amplify downside during risk?off moves. Read More.

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.