Summary
SLVR Chart
Don't Overlook Silver's Potential Amid the New Gold Rally
With gold prices surging in recent weeks, it's fair to assume that many advisors and investors are keeping close watch on where the precious metal goes from here. However, silver is also benefiting from the upswing and has its own additional tailwind that should not be overlooked.
How an Industrial Surge Can Drive Silver Price Comeback
June may have proven to be a difficult month for silver investors, but it's likely far too soon to give up on the precious metal. To better understand this, it's important to contextualize why silver's price is struggling and why the metal's long-term opportunities are still there.
SLVR: An ETF With Mining And Physical Silver Exposure
Sprott Silver Miners & Physical Silver ETF offers diversified exposure to both silver bullion and leading mining stocks. SLVR is rated a buy, contingent on silver futures holding above the critical $50.36 technical support, with stops recommended below $48. SLVR underperformed silver futures during the rally but outperformed during the correction, reflecting its blended exposure.
Sprott Silver Miners & Physical Silver ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Curtis Ellergodt Rothschild Investment LLC | 676 | $39,816.89 | $34,800.48 | -$5,016.41 | -12.6% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 30,149 | $1.51M | $1.75M | $233,643.06 | 15.44% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 402 | $23,790.36 | $24,055.68 | $265.32 | 1.12% |
| NA Nizar Araji National Bank Of Canada /FI/ | 21,889 | $970,339.37 | $1.27M | $297,909.29 | 30.7% |
| KMT Kirk M. Tokheim Ameritas Advisory Services LLC | 3,440 | $172,653.6 | $204,164 | $31,510.4 | 18.25% |
Sprott Silver Miners & Physical Silver ETF (SLVR) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Sprott Silver Miners & Physical Silver ETF ever had a stock split?
Sprott Silver Miners & Physical Silver ETF Profile
| NASDAQ (NMS) Exchange | US Country |
Overview
ETFS Silver (SLVR) offers a unique investment opportunity by providing a mechanism through which investors can gain exposure to the returns of the silver market. This is achieved by tracking the performance of the Bloomberg Silver Subindex, which serves as a benchmark for the price movements of physical silver. The innovative structure of SLVR, classified as an exchange traded commodity (ETC), allows for the creation and redemption of securities on demand by authorised participants. These securities are freely traded on stock exchanges similar to company shares, providing investors with liquidity and ease of access. Additionally, the ETC incorporates a collateral yield component, enhancing the potential returns for investors. The underlying financial mechanism of SLVR is supported by swap agreements, ensuring that investment in silver is both secure and backed by tangible assets. The collateral, essential for the swap counterparties' obligations, is rigorously managed, marked to market daily, and securely held in segregated accounts administered by The Bank of New York Mellon. For investors seeking transparency and detailed information regarding the collateral, ETFS Silver provides comprehensive resources on the ETF Securities website.
Products and Services
- Total Return Investment in Silver
- Exchange Traded Commodity (ETC)
- Collateral Yield
- Transparent and Secure Collateral Management
This product allows investors to gain exposure to the silver market through a total return investment strategy. By tracking the Bloomberg Silver Subindex, investors are positioned to benefit from both the movements in the silver price and the potential yields provided by the collateral. It's an appealing option for those looking to diversify their investment portfolio with precious metals.
SLVR operates as an ETC, offering a flexible and liquid investment instrument. Unlike direct physical investment in silver, SLVR provides a more accessible and exchangeable method for investing in the precious metal. It allows for the easy creation and redemption of securities by authorised participants, akin to dealing in company shares, thereby providing a liquid and transparent market for investors.
The inclusion of a collateral yield distinguishes SLVR from traditional investment vehicles. The ETC's backing by swaps, protected by daily marked-to-market collateral, introduces an added layer of security and potential return for the investor. This innovative approach integrates the safety of collateral with the investment in silver, offering a balanced risk-return profile.
Investors in SLVR benefit from a high level of security due to the stringent collateral management practices. The swap counterparties' obligations are secured by collateral that is regularly assessed and updated in value, ensuring it accurately reflects current market conditions. Held in segregated accounts at The Bank of New York Mellon, the collateral management process offers investors peace of mind and transparency, with detailed information available on the ETF Securities website.
