Bayshore Capital Advisors LLC Makes New $1.82 Million Investment in iShares Silver Trust $SLV

Bayshore Capital Advisors LLC acquired a new position in iShares Silver Trust (NYSEARCA:SLV) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 28,175 shares of the exchange traded fund’s stock, valued at approximately $1,815,000. iShares Silver Trust makes up approximately 0.9% of Bayshore Capital Advisors LLC’s investment portfolio, making the stock its 13th biggest holding.

A number of other institutional investors have also added to or reduced their stakes in SLV. Vantage Financial Partners LLC bought a new position in shares of iShares Silver Trust during the third quarter valued at $489,000. D.B. Root & Company LLC bought a new position in shares of iShares Silver Trust during the third quarter valued at $370,000. Wealth Enhancement Advisory Services LLC increased its holdings in shares of iShares Silver Trust by 14.6% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 242,573 shares of the exchange traded fund’s stock valued at $10,525,000 after acquiring an additional 30,915 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of 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 valued at $69,743,000 after acquiring an additional 273,913 shares in the last quarter. Finally, Adamsbrown Wealth Consultants LLC bought a new position in shares of iShares Silver Trust during the third quarter valued at $235,000.

iShares Silver Trust Price Performance

Shares of NYSEARCA:SLV opened at $79.35 on Thursday. iShares Silver Trust has a 1-year low of $29.09 and a 1-year high of $109.83. The business has a fifty day moving average price of $69.95 and a 200-day moving average price of $66.36. The company has a market capitalization of $44.91 billion, a PE ratio of -8.51 and a beta of 0.45.

Key Stories Impacting iShares Silver Trust

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

• Positive Sentiment: Silver extended its breakout to fresh highs near the $90 area, with traders citing strong technical momentum and talk that the rally could still have room to run. Silver price sees solid momentum and $90 could be just the start
• Positive Sentiment: Reports highlighted silver testing new highs after a sharp move higher, with some analysts pointing to a potential breakout toward even more ambitious levels. Gold (XAUUSD), Silver, Platinum Forecasts – Silver Tests New Highs As Rally Continues
• Positive Sentiment: Kitco and other commentary said silver’s push above $80 reflects a broader structural shift, with industrial demand and tighter supply conditions supporting the metal’s long-term outlook. Silver’s push above $80 reflects structural shift in the global economy
• Positive Sentiment: India’s higher import tariffs on gold and silver were seen as a factor that could alter trade flows and potentially tighten demand dynamics in the precious-metals market. India’s 15% import tariffs on gold and silver will impact precious metals demand, prices, currency – Experts
• Neutral Sentiment: Some intraday reports noted silver briefly weakening or slipping alongside hotter U.S. inflation data, stronger yields, and a firmer dollar, which can pressure precious metals in the short term. Gold and silver slip after hot PPI boosts yields – Kitco AM Report
• Negative Sentiment: Hot CPI/PPI readings and rising Treasury yields remain a headwind for silver, since they can reduce expectations for near-term Fed easing and weigh on non-yielding assets. Gold (XAUUSD) & Silver Price Forecast: Truce Steady, CPI Hotter — Can Gold Defend $4,702 While Silver Eyes $87?

iShares Silver Trust 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.