Tepp RIA LLC acquired a new position in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) during the fourth quarter, HoldingsChannel.com reports. The firm acquired 67,668 shares of the exchange traded fund’s stock, valued at approximately $4,359,000. iShares Silver Trust makes up approximately 4.3% of Tepp RIA LLC’s portfolio, making the stock its 7th biggest holding.
A number of other institutional investors have also recently added to or reduced their stakes in SLV. Raleigh Capital Management Inc. purchased a new position in iShares Silver Trust during the third quarter worth approximately $32,000. Rialto Wealth Management LLC purchased a new position in iShares Silver Trust during the fourth quarter worth approximately $33,000. Farmers & Merchants Trust Co of Chambersburg PA lifted its position in iShares Silver Trust by 274.2% during the fourth quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 580 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 425 shares in the last quarter. Hopwood Financial Services Inc. purchased a new position in iShares Silver Trust during the third quarter worth approximately $38,000. Finally, Bangor Savings Bank purchased a new position in iShares Silver Trust during the fourth quarter worth approximately $38,000.
iShares Silver Trust News Roundup
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 Stock Performance
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.
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