Independent Advisor Alliance Grows Holdings in iShares Silver Trust $SLV

Independent Advisor Alliance increased its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 19.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund 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.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. boosted its holdings in 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 worth $118,050,000 after purchasing an additional 313,816 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in 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 worth $113,391,000 after purchasing an additional 573,660 shares during the last quarter. Mainstay Capital Management LLC ADV boosted its holdings in 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 worth $117,533,000 after purchasing an additional 824,589 shares during the last quarter. HighTower Advisors LLC boosted its holdings in 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 worth $74,153,000 after purchasing an additional 94,521 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in 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 worth $69,743,000 after purchasing an additional 273,913 shares during the last quarter.

iShares Silver Trust Stock Performance

iShares Silver Trust stock opened at $78.55 on Wednesday. iShares Silver Trust has a fifty-two week low of $29.09 and a fifty-two week high of $109.83. The stock has a market cap of $44.46 billion, a PE ratio of -8.51 and a beta of 0.45. The firm’s 50-day simple moving average is $69.99 and its 200 day simple moving average is $66.11.

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 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.