MGO One Seven LLC Sells 12,436 Shares of iShares Silver Trust $SLV

MGO One Seven LLC reduced its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 11.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 97,741 shares of the exchange traded fund’s stock after selling 12,436 shares during the quarter. MGO One Seven LLC’s holdings in iShares Silver Trust were worth $6,296,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Rialto Wealth Management LLC bought a new stake in shares of iShares Silver Trust in the 4th quarter worth about $33,000. Farmers & Merchants Trust Co of Chambersburg PA increased its position in shares of iShares Silver Trust by 274.2% during the 4th quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 580 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 425 shares in the last quarter. Bangor Savings Bank bought a new position in iShares Silver Trust during the 4th quarter valued at about $38,000. American National Bank & Trust lifted its holdings in iShares Silver Trust by 96.7% during the 4th quarter. American National Bank & Trust now owns 590 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 290 shares during the last quarter. Finally, Wells Financial Advisors INC acquired a new position in iShares Silver Trust in the fourth quarter valued at about $39,000.

Key Stories Impacting iShares Silver Trust

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

• Positive Sentiment: Silver prices are firming as traders focus on falling Treasury yields and a weaker oil backdrop, both of which tend to support non-yielding metals like silver. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Moves Higher Amid Falling Treasury Yields
• Positive Sentiment: Kitco reported that gold and silver extended gains after U.S. payrolls beat forecasts, reinforcing momentum in the metals complex and keeping silver in focus for continued upside. Gold, silver extend gains as payrolls beat forecasts – Kitco AM Report
• Positive Sentiment: Multiple reports said silver outperformed gold and traders are positioning for another leg higher, with technical analysts and market commentators pointing to strong bullish momentum in the metal. Gold and Silver Technical Analysis: Peace Hopes Lift Metals Ahead of Jobs Data
• Neutral Sentiment: Commentary from 247WallSt highlighted SLV’s big one-year gain, but also noted the fund’s 0.50% fee and tax treatment, which are longer-term structural considerations rather than a direct near-term catalyst. SLV Is Up 132% in a Year, But Its 0.50% Fee and 28% Tax Rate Tell a Different Story
• Neutral Sentiment: Market watchers also said the precious-metals rally could continue if geopolitical tensions ease further, but they emphasized that silver still needs a confirmed technical breakout to sustain the move. Gold and silver’s historic rally could resume ‘as fog of war lifts’, market watchers say

iShares Silver Trust Trading Up 2.0%

Shares of iShares Silver Trust stock opened at $73.01 on Friday. The stock has a market capitalization of $41.32 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45. iShares Silver Trust has a 1-year low of $29.09 and a 1-year high of $109.83. The firm’s 50-day moving average price is $70.31 and its two-hundred day moving average price is $65.45.

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.