Prospera Financial Services Inc Acquires 134,134 Shares of iShares Silver Trust $SLV

Prospera Financial Services Inc increased its position in iShares Silver Trust (NYSEARCA:SLV) by 74.2% in the 4th quarter, HoldingsChannel reports. The fund owned 314,974 shares of the exchange traded fund’s stock after purchasing an additional 134,134 shares during the period. Prospera Financial Services Inc’s holdings in iShares Silver Trust were worth $20,291,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SLV. Raleigh Capital Management Inc. bought a new stake in iShares Silver Trust in the 3rd quarter valued at about $32,000. Rialto Wealth Management LLC bought a new stake in iShares Silver Trust in the 4th quarter valued at about $33,000. BOK Financial Private Wealth Inc. bought a new stake in iShares Silver Trust in the 4th quarter valued at about $34,000. Farmers & Merchants Trust Co of Chambersburg PA raised its stake in iShares Silver Trust by 274.2% in the 4th 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 during the period. Finally, Hopwood Financial Services Inc. bought a new stake in iShares Silver Trust in the 3rd quarter valued at about $38,000.

Key Stories Impacting iShares Silver Trust

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

iShares Silver Trust Stock Performance

Shares of iShares Silver Trust stock opened at $68.36 on Friday. iShares Silver Trust has a 52-week low of $29.78 and a 52-week high of $109.83. The stock’s 50-day simple moving average is $68.98 and its 200 day simple moving average is $67.48. The stock has a market capitalization of $38.69 billion, a P/E ratio of -8.51 and a beta of 0.45.

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.