Brookstone Capital Management reduced its stake in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 18.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 73,816 shares of the exchange traded fund’s stock after selling 17,029 shares during the period. Brookstone Capital Management’s holdings in iShares Silver Trust were worth $1,679,000 at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of SLV. Orion Capital Management LLC acquired a new position in shares of iShares Silver Trust in the 3rd quarter worth approximately $70,000. Trust Co. of Vermont boosted its position in shares of iShares Silver Trust by 88.4% during the third quarter. Trust Co. of Vermont now owns 8,525 shares of the exchange traded fund’s stock worth $173,000 after buying an additional 4,000 shares during the period. Raymond James Financial Services Advisors Inc. grew its stake in shares of iShares Silver Trust by 11.4% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 1,298,815 shares of the exchange traded fund’s stock valued at $28,288,000 after buying an additional 132,729 shares in the last quarter. International Assets Investment Management LLC raised its holdings in shares of iShares Silver Trust by 2,203.2% in the 4th quarter. International Assets Investment Management LLC now owns 236,727 shares of the exchange traded fund’s stock valued at $5,156,000 after buying an additional 226,449 shares during the period. Finally, CoreCap Advisors LLC lifted its stake in iShares Silver Trust by 74.5% during the 4th quarter. CoreCap Advisors LLC now owns 30,225 shares of the exchange traded fund’s stock worth $658,000 after acquiring an additional 12,907 shares in the last quarter.
iShares Silver Trust Price Performance
Shares of iShares Silver Trust stock opened at $26.57 on Friday. The stock has a market capitalization of $12.47 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. The business has a 50-day moving average of $26.65 and a 200 day moving average of $23.67. iShares Silver Trust has a 12 month low of $18.97 and a 12 month high of $29.56.
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.
Further Reading
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