iShares Silver Trust (NYSEARCA:SLV) Shares Gap Down – Here’s Why

iShares Silver Trust (NYSEARCA:SLV)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $65.21, but opened at $62.10. iShares Silver Trust shares last traded at $62.8310, with a volume of 14,640,638 shares.

iShares Silver Trust News Roundup

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

• Positive Sentiment: ETF inflows into SLV recently suggest underlying demand and some investor support. Daily ETF flows showed SLV inflows totaling $616M on March 23, which can cushion downside if flows persist. Daily ETF Flows: SLV Inflows Total $616M
• Positive Sentiment: Some analysts and market commentary on March 25 showed silver holding gains during risk‑on episodes, indicating the metal can rally when risk sentiment or yield/dollar dynamics reverse. Gold, silver holding solid gains despite better risk appetite
• Neutral Sentiment: Mixed short‑term technical/forecast calls: several FXEmpire pieces lay out scenarios where ceasefire hopes or dollar moves could flip direction — these are situational and heighten volatility rather than giving a clear directional bias. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Attempts To Rebound Despite Rising Oil Prices
• Negative Sentiment: Rising Treasury yields and a stronger U.S. dollar are exerting clear downward pressure on silver prices, reducing bullion demand from investors sensitive to real yields. Strong price pressure on gold, silver as bond yields rise
• Negative Sentiment: Geopolitical optimism faded as hopes for an Iran ceasefire diminished, removing a key safe‑haven bid for precious metals — coverage highlights this as a direct trigger for recent metal declines. Gold, Silver Tumble Again. One Thing Is Wreaking Havoc on Precious Metals.
• Negative Sentiment: Pre‑market weakness in broad ETFs and equity futures reflects risk‑off pulses that can weigh on SLV by reducing speculative and momentum flows into commodities. Exchange-Traded Funds, Equity Futures Lower Pre-Bell Thursday Amid Ongoing Middle East Tensions

iShares Silver Trust Stock Performance

The company has a 50-day simple moving average of $77.36 and a 200-day simple moving average of $60.00. The stock has a market cap of $33.92 billion, a P/E ratio of -8.51 and a beta of 0.38.

Hedge Funds Weigh In On iShares Silver Trust

Hedge funds have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. increased its stake in shares of iShares Silver Trust by 12.7% in the 3rd quarter. Raymond James Financial Inc. now owns 2,786,172 shares of the exchange traded fund’s stock valued at $118,050,000 after acquiring an additional 313,816 shares during the last quarter. Ameriprise Financial Inc. raised 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 worth $113,391,000 after purchasing an additional 573,660 shares during the period. Bank of Montreal Can raised its holdings in iShares Silver Trust by 505.8% in the fourth quarter. Bank of Montreal Can now owns 2,218,970 shares of the exchange traded fund’s stock worth $142,946,000 after purchasing an additional 1,852,688 shares during the period. Tableaux LLC acquired a new position in shares of iShares Silver Trust in the 4th quarter valued at $133,233,000. Finally, Commonwealth Equity Services LLC increased its position in shares of iShares Silver Trust by 1.3% in the 3rd quarter. Commonwealth Equity Services LLC now owns 2,023,406 shares of the exchange traded fund’s stock valued at $85,732,000 after buying an additional 26,710 shares in the last quarter.

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.