Tepp RIA LLC Takes Position in iShares Silver Trust $SLV

Tepp RIA LLC bought a new stake in iShares Silver Trust (NYSEARCA:SLV) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 67,668 shares of the exchange traded fund’s stock, valued at approximately $4,359,000. iShares Silver Trust makes up 4.3% of Tepp RIA LLC’s portfolio, making the stock its 7th biggest holding.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Raleigh Capital Management Inc. purchased a new position in shares of iShares Silver Trust in the third quarter valued at approximately $32,000. Rialto Wealth Management LLC purchased a new position in shares of iShares Silver Trust in the fourth quarter valued at approximately $33,000. Farmers & Merchants Trust Co of Chambersburg PA lifted its position in shares of iShares Silver Trust by 274.2% in the fourth quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 580 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 425 shares in the last quarter. Hopwood Financial Services Inc. purchased a new position in shares of iShares Silver Trust in the third quarter valued at approximately $38,000. Finally, Bangor Savings Bank purchased a new position in shares of iShares Silver Trust in the fourth quarter valued at approximately $38,000.

iShares Silver Trust Price Performance

NYSEARCA SLV opened at $78.55 on Wednesday. The company has a market cap of $44.46 billion, a PE ratio of -8.51 and a beta of 0.45. The stock’s 50 day simple moving average is $69.99 and its 200-day simple moving average is $66.11. iShares Silver Trust has a 1-year low of $29.09 and a 1-year high of $109.83.

iShares Silver Trust News Roundup

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

• Positive Sentiment: Silver is trading near or above key breakout levels, with multiple reports highlighting strong momentum, tightening supply, and growing industrial demand as reasons for continued upside. Silver’s push above $80 reflects structural shift in the global economy
• Positive Sentiment: Analysts and market commentary pointed to silver’s breakout following a strong rally, with bullish forecasts suggesting the metal could extend higher if momentum holds. Parabolic AI rally has bulls eyeing a comeback for this one-time meme metal trade
• Neutral Sentiment: Some commentary noted silver may be pausing after a sharp run-up, suggesting near-term volatility even though the longer-term backdrop remains favorable. Shortages, Solid-State, and Swing Highs: The 3-Step Checklist For Silver’s Next Vertical Move
• Negative Sentiment: Rising Treasury yields and a stronger dollar pressured precious metals in morning and midday trading, which can cap gains in SLV even when silver trends higher. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Retreats As Traders Bet On Hawkish Fed
• Negative Sentiment: CPI-related inflation concerns and oil strength added pressure to metals earlier in the session, creating headwinds for silver-backed ETFs. Gold, silver fall as CPI, oil and dollar pressure metals – Kitco AM Report

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.