PNC Financial Services Group Inc. Has $22.39 Million Stake in iShares Silver Trust $SLV

PNC Financial Services Group Inc. grew its stake in iShares Silver Trust (NYSEARCA:SLV) by 53.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 347,608 shares of the exchange traded fund’s stock after purchasing an additional 120,636 shares during the period. PNC Financial Services Group Inc. owned about 0.06% of iShares Silver Trust worth $22,393,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of SLV. Brighton Jones LLC grew its position in iShares Silver Trust by 9.2% in the 4th quarter. Brighton Jones LLC now owns 18,858 shares of the exchange traded fund’s stock worth $497,000 after purchasing an additional 1,595 shares during the last quarter. Bison Wealth LLC acquired a new stake in iShares Silver Trust in the 4th quarter worth $238,000. Capstone Wealth Management Group LLC acquired a new stake in iShares Silver Trust in the 1st quarter worth $443,000. Schnieders Capital Management LLC. grew its position in iShares Silver Trust by 15.0% in the 2nd quarter. Schnieders Capital Management LLC. now owns 9,975 shares of the exchange traded fund’s stock worth $327,000 after purchasing an additional 1,300 shares during the last quarter. Finally, First Trust Advisors LP acquired a new stake in iShares Silver Trust in the 2nd quarter worth $886,000.

iShares Silver Trust Price Performance

NYSEARCA SLV opened at $68.36 on Friday. The firm has a market capitalization of $38.69 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45. The company’s fifty day moving average is $68.98 and its two-hundred day moving average is $67.48. iShares Silver Trust has a 52-week low of $29.78 and a 52-week high of $109.83.

More iShares Silver Trust News

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

• Positive Sentiment: Trading has begun in Abaxx Silver Singapore futures, adding a new physically deliverable benchmark that could support liquidity and longer-term interest in industrial silver markets. Silver Singapore Futures Now Live for Trading on Abaxx Exchange
• Neutral Sentiment: Silver remains near key support levels despite bond market volatility, suggesting traders are still waiting for clearer direction from rates and macro data. Gold, silver prices remain caught between rate hike fears and bond market stress
• Neutral Sentiment: Recent U.S.-Iran developments have created mixed signals for precious metals, with safe-haven demand partially offset by pressure from stronger yields and the dollar. Gold weakens as U.S.-Iran talks keep oil, rates in focus – Kitco PM Report
• Negative Sentiment: Precious metals are losing ground as traders price in the risk that the Fed could keep rates elevated or even raise them further, which is weighing on silver. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Pulls Back As Traders Worry About Hawkish Fed
• Negative Sentiment: Silver prices were also weaker in early trading as the dollar firmed and safe-haven support tied to Iran-related tensions faded, adding near-term downside pressure to SLV. Gold, silver ease as dollar firms, U.S.-Iran talks drag on – Kitco AM Report

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.