iShares Silver Trust $SLV Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC cut its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 10.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 216,821 shares of the exchange traded fund’s stock after selling 25,752 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in iShares Silver Trust were worth $13,968,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SLV. Raymond James Financial Inc. increased its position in shares of iShares Silver Trust by 12.7% during the third quarter. Raymond James Financial Inc. now owns 2,786,172 shares of the exchange traded fund’s stock worth $118,050,000 after acquiring an additional 313,816 shares during the period. Ameriprise Financial Inc. boosted its holdings in iShares Silver Trust by 27.3% in the third quarter. Ameriprise Financial Inc. now owns 2,676,218 shares of the exchange traded fund’s stock valued at $113,391,000 after purchasing an additional 573,660 shares during the period. Commonwealth Equity Services LLC grew its stake in iShares Silver Trust by 1.3% during the 3rd quarter. Commonwealth Equity Services LLC now owns 2,023,406 shares of the exchange traded fund’s stock worth $85,732,000 after purchasing an additional 26,710 shares in the last quarter. HighTower Advisors LLC increased its holdings in iShares Silver Trust by 5.7% during the 3rd quarter. HighTower Advisors LLC now owns 1,750,124 shares of the exchange traded fund’s stock worth $74,153,000 after purchasing an additional 94,521 shares during the period. Finally, Envestnet Asset Management Inc. increased its holdings in iShares Silver Trust by 20.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,646,056 shares of the exchange traded fund’s stock worth $69,743,000 after purchasing an additional 273,913 shares during the period.

Key iShares Silver Trust News

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

• Neutral Sentiment: Metals had rallied on March 25 as short‑term hopes of a ceasefire lifted gold and silver — that context helps explain yesterday’s rebound before today’s reversal. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Gains 2% Despite Strong Dollar
• Negative Sentiment: Major market reports show silver fell sharply as oil and other markets rallied, with silver down more than 4% in the session — a direct headwind for SLV. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Dives 2.5% As Oil Markets Rally
• Negative Sentiment: Kitco and other commodity reporters attribute today’s losses to a stronger U.S. Dollar Index (USDX) and rising bond yields — both reduce demand for non‑yielding metals like silver. Solid losses for gold, silver on firmer USDX, rising bond yields
• Negative Sentiment: Barron’s notes fading hopes for an end to fighting in Iran reduced safe‑haven flows into gold and silver — less geopolitical risk support tends to pressure SLV. Gold, Silver Tumble Again. One Thing Is Wreaking Havoc on Precious Metals.
• Negative Sentiment: Commentary highlights that Iran tensions are lifting the dollar and reviving concerns about Fed hikes, creating a double squeeze on silver (diminished safe‑haven demand + higher real rates). Gold (XAUUSD) & Silver Price Forecast: XAU Plummets $1,000 – Can Iran Tensions Spark a Rally?
• Negative Sentiment: Analysts point to structural selling from retail positioning and momentum unwind as an additional pressure factor — retail crowding can amplify moves lower in SLV. Precious metals price declines stem from retail pile-in, safe haven and debasement trades remain intact – Brookings’ Brooks

iShares Silver Trust Stock Performance

Shares of SLV opened at $60.77 on Friday. The stock has a 50-day simple moving average of $76.90 and a 200-day simple moving average of $60.00. The stock has a market capitalization of $33.45 billion, a PE ratio of -8.51 and a beta of 0.38. iShares Silver Trust has a 1 year low of $26.57 and a 1 year high of $109.83.

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.