EverSource Wealth Advisors LLC Buys 29,878 Shares of iShares Silver Trust $SLV

EverSource Wealth Advisors LLC raised its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 88.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 63,728 shares of the exchange traded fund’s stock after purchasing an additional 29,878 shares during the period. EverSource Wealth Advisors LLC’s holdings in iShares Silver Trust were worth $4,105,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in SLV. Brighton Jones LLC boosted its holdings in shares of iShares Silver Trust by 9.2% during the 4th quarter. Brighton Jones LLC now owns 18,858 shares of the exchange traded fund’s stock valued at $497,000 after purchasing an additional 1,595 shares during the last quarter. Bison Wealth LLC bought a new position in shares of iShares Silver Trust during the 4th quarter valued at about $238,000. Capstone Wealth Management Group LLC bought a new position in shares of iShares Silver Trust during the 1st quarter valued at about $443,000. Schnieders Capital Management LLC. boosted its holdings in shares of iShares Silver Trust by 15.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 9,975 shares of the exchange traded fund’s stock valued at $327,000 after purchasing an additional 1,300 shares during the last quarter. Finally, First Trust Advisors LP bought a new position in shares of iShares Silver Trust during the 2nd quarter valued at about $886,000.

iShares Silver Trust Trading Down 1.6%

Shares of NYSEARCA:SLV opened at $68.36 on Friday. iShares Silver Trust has a 12 month low of $29.78 and a 12 month high of $109.83. The company has a 50-day moving average price of $68.98 and a 200 day moving average price of $67.48. The company has a market cap of $38.69 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45.

iShares Silver Trust News Roundup

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

• Positive Sentiment: Trading has begun in Abaxx Silver Singapore futures, adding a new physically deliverable benchmark that could support liquidity and longer-term interest in industrial silver markets. Silver Singapore Futures Now Live for Trading on Abaxx Exchange
• Neutral Sentiment: Silver remains near key support levels despite bond market volatility, suggesting traders are still waiting for clearer direction from rates and macro data. Gold, silver prices remain caught between rate hike fears and bond market stress
• Neutral Sentiment: Recent U.S.-Iran developments have created mixed signals for precious metals, with safe-haven demand partially offset by pressure from stronger yields and the dollar. Gold weakens as U.S.-Iran talks keep oil, rates in focus – Kitco PM Report
• Negative Sentiment: Precious metals are losing ground as traders price in the risk that the Fed could keep rates elevated or even raise them further, which is weighing on silver. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Pulls Back As Traders Worry About Hawkish Fed
• Negative Sentiment: Silver prices were also weaker in early trading as the dollar firmed and safe-haven support tied to Iran-related tensions faded, adding near-term downside pressure to SLV. Gold, silver ease as dollar firms, U.S.-Iran talks drag on – 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.