Synergy Asset Management LLC Sells 45,653 Shares of iShares Silver Trust $SLV

Synergy Asset Management LLC decreased its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 75.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 14,772 shares of the exchange traded fund’s stock after selling 45,653 shares during the quarter. Synergy Asset Management LLC’s holdings in iShares Silver Trust were worth $952,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of SLV. Nexus Investment Management ULC increased its stake in iShares Silver Trust by 50.0% in the 3rd quarter. Nexus Investment Management ULC now owns 750 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 250 shares in the last quarter. Raleigh Capital Management Inc. bought a new stake in iShares Silver Trust during the third quarter valued at about $32,000. Rialto Wealth Management LLC purchased a new position in shares of iShares Silver Trust in the fourth quarter valued at about $33,000. Hopwood Financial Services Inc. bought a new position in shares of iShares Silver Trust in the third quarter worth about $38,000. Finally, Darwin Wealth Management LLC bought a new position in shares of iShares Silver Trust in the second quarter worth about $39,000.

iShares Silver Trust Trading Down 6.8%

NYSEARCA:SLV opened at $60.77 on Friday. The stock has a 50-day moving average price of $76.90 and a 200 day moving average price of $60.00. The stock has a market capitalization of $33.45 billion, a P/E ratio of -8.51 and a beta of 0.38. iShares Silver Trust has a 12-month low of $26.57 and a 12-month high of $109.83.

Key Stories Impacting iShares Silver Trust

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

• Neutral Sentiment: Metals had rallied on March 25 as short‑term hopes of a ceasefire lifted gold and silver — that context helps explain yesterday’s rebound before today’s reversal. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Gains 2% Despite Strong Dollar
• Negative Sentiment: Major market reports show silver fell sharply as oil and other markets rallied, with silver down more than 4% in the session — a direct headwind for SLV. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Dives 2.5% As Oil Markets Rally
• Negative Sentiment: Kitco and other commodity reporters attribute today’s losses to a stronger U.S. Dollar Index (USDX) and rising bond yields — both reduce demand for non‑yielding metals like silver. Solid losses for gold, silver on firmer USDX, rising bond yields
• Negative Sentiment: Barron’s notes fading hopes for an end to fighting in Iran reduced safe‑haven flows into gold and silver — less geopolitical risk support tends to pressure SLV. Gold, Silver Tumble Again. One Thing Is Wreaking Havoc on Precious Metals.
• Negative Sentiment: Commentary highlights that Iran tensions are lifting the dollar and reviving concerns about Fed hikes, creating a double squeeze on silver (diminished safe‑haven demand + higher real rates). Gold (XAUUSD) & Silver Price Forecast: XAU Plummets $1,000 – Can Iran Tensions Spark a Rally?
• Negative Sentiment: Analysts point to structural selling from retail positioning and momentum unwind as an additional pressure factor — retail crowding can amplify moves lower in SLV. Precious metals price declines stem from retail pile-in, safe haven and debasement trades remain intact – Brookings’ Brooks

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.