Independent Advisor Alliance Has $11.04 Million Stock Holdings in iShares Silver Trust $SLV

Independent Advisor Alliance boosted its stake in iShares Silver Trust (NYSEARCA:SLV) by 19.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 171,388 shares of the exchange traded fund’s stock after purchasing an additional 27,511 shares during the quarter. Independent Advisor Alliance’s holdings in iShares Silver Trust were worth $11,041,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. Raymond James Financial Inc. grew its holdings 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 valued at $118,050,000 after buying an additional 313,816 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of iShares Silver Trust by 27.3% during 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 buying an additional 573,660 shares during the last quarter. Mainstay Capital Management LLC ADV grew its holdings in shares of iShares Silver Trust by 82.5% during the fourth quarter. Mainstay Capital Management LLC ADV now owns 1,824,479 shares of the exchange traded fund’s stock valued at $117,533,000 after buying an additional 824,589 shares during the last quarter. HighTower Advisors LLC grew its holdings in shares of iShares Silver Trust by 5.7% during the third quarter. HighTower Advisors LLC now owns 1,750,124 shares of the exchange traded fund’s stock valued at $74,153,000 after buying an additional 94,521 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in shares of iShares Silver Trust by 20.0% during the third quarter. Envestnet Asset Management Inc. now owns 1,646,056 shares of the exchange traded fund’s stock valued at $69,743,000 after buying an additional 273,913 shares during the last quarter.

iShares Silver Trust News Summary

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

iShares Silver Trust Price Performance

Shares of NYSEARCA SLV opened at $78.55 on Wednesday. The stock has a market capitalization of $44.46 billion, a P/E ratio of -8.51 and a beta of 0.45. The company has a 50-day moving average price of $69.99 and a 200-day moving average price of $66.11. iShares Silver Trust has a 1 year low of $29.09 and a 1 year high of $109.83.

iShares Silver Trust Company Profile

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.