Cullen Frost Bankers Inc. Buys New Shares in iShares Silver Trust $SLV

Cullen Frost Bankers Inc. purchased a new stake in shares of iShares Silver Trust (NYSEARCA:SLV) in the 4th quarter, HoldingsChannel reports. The firm purchased 9,579 shares of the exchange traded fund’s stock, valued at approximately $617,000.

Several other institutional investors have also added to or reduced their stakes in SLV. Brighton Jones LLC boosted its position in iShares Silver Trust by 9.2% during the fourth quarter. Brighton Jones LLC now owns 18,858 shares of the exchange traded fund’s stock valued at $497,000 after buying an additional 1,595 shares during the period. Bison Wealth LLC purchased a new stake in iShares Silver Trust during the fourth quarter valued at about $238,000. Capstone Wealth Management Group LLC purchased a new stake in iShares Silver Trust during the first quarter valued at about $443,000. Schnieders Capital Management LLC. boosted its position in iShares Silver Trust by 15.0% during the second quarter. Schnieders Capital Management LLC. now owns 9,975 shares of the exchange traded fund’s stock valued at $327,000 after buying an additional 1,300 shares during the period. Finally, First Trust Advisors LP purchased a new stake in iShares Silver Trust during the second quarter valued at about $886,000.

Key Headlines Impacting iShares Silver Trust

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

iShares Silver Trust Stock Down 1.6%

NYSEARCA SLV opened at $68.36 on Friday. The company has a 50-day simple moving average of $68.98 and a two-hundred day simple moving average of $67.48. iShares Silver Trust has a 12-month low of $29.78 and a 12-month high of $109.83. The firm has a market cap of $38.69 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45.

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.