RBF Capital LLC Buys Shares of 10,000 iShares Silver Trust $SLV

RBF Capital LLC purchased a new position in shares of iShares Silver Trust (NYSEARCA:SLV) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 10,000 shares of the exchange traded fund’s stock, valued at approximately $681,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. IFS Group LLC acquired a new position in iShares Silver Trust during the first quarter worth $394,000. Arete Wealth Advisors LLC lifted its position in shares of iShares Silver Trust by 10.4% in the first quarter. Arete Wealth Advisors LLC now owns 89,794 shares of the exchange traded fund’s stock worth $6,113,000 after buying an additional 8,492 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of iShares Silver Trust by 29.5% in the first quarter. EverSource Wealth Advisors LLC now owns 82,503 shares of the exchange traded fund’s stock worth $5,622,000 after buying an additional 18,775 shares during the last quarter. Talon Private Wealth LLC bought a new stake in shares of iShares Silver Trust during the 1st quarter worth about $207,000. Finally, ROI Financial Advisors LLC boosted its stake in shares of iShares Silver Trust by 4.0% during the 1st quarter. ROI Financial Advisors LLC now owns 76,893 shares of the exchange traded fund’s stock worth $5,239,000 after acquiring an additional 2,924 shares in the last quarter.

iShares Silver Trust Stock Performance

Shares of NYSEARCA SLV opened at $51.77 on Thursday. The firm has a market cap of $27.65 billion, a price-to-earnings ratio of -8.51 and a beta of 0.49. The business’s 50-day simple moving average is $58.17 and its 200-day simple moving average is $68.45. iShares Silver Trust has a 52 week low of $33.10 and a 52 week high of $109.83.

Key iShares Silver Trust News

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

• Positive Sentiment: Retail investment demand is showing signs of recovery after a prolonged correction, with the British Royal Mint reporting particularly strong demand for digital silver. Renewed bullion buying could provide support for silver and SLV. Retail investors buy the dip as Royal Mint reports solid demand for digital gold and silver
• Positive Sentiment: Silver gained ground as traders positioned ahead of the Federal Reserve’s decision. A less-hawkish policy outlook, lower interest rates or a weaker dollar could improve the appeal of non-yielding precious metals and benefit SLV. Gold, Silver, Platinum Forecasts – Gold Stays Above $4000 As Traders Wait For Fed Decision
• Neutral Sentiment: Fed Decision Day remains the main catalyst for gold and silver, with markets focused on policymakers’ guidance regarding inflation, interest rates and the economic outlook. The outcome could produce sharp volatility in SLV in either direction. Gold and Silver Price Forecast: Fed Decision Day Keeps XAU/USD and XAG/USD in Focus
• Negative Sentiment: Analysts have cited technical weakness, with silver trading in a broad range and remaining below important resistance levels. A break toward lower support could weigh on SLV. Gold and Silver Technical Analysis: Key Levels to Watch Before the Fed Decision
• Negative Sentiment: Commerzbank lowered its gold and silver outlook, arguing that the Middle East conflict and ongoing macroeconomic uncertainty could limit a recovery and encourage additional selling. Commerzbank downgrades gold and silver prices
• Negative Sentiment: Precious metals have also faced pressure from concerns that the Federal Reserve could maintain a hawkish stance. Higher-for-longer interest rates typically reduce demand for silver and can weigh on SLV. Gold, Silver, Platinum Forecasts – Gold Retreats As Traders Focus on Fed Policy Outlook

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.