Brookstone Capital Management Buys 126,564 Shares of iShares Silver Trust $SLV

Brookstone Capital Management grew its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 88.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 270,396 shares of the exchange traded fund’s stock after acquiring an additional 126,564 shares during the quarter. Brookstone Capital Management’s holdings in iShares Silver Trust were worth $17,419,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Raymond James Financial Inc. boosted its stake in iShares Silver Trust by 12.7% during the 3rd quarter. Raymond James Financial Inc. now owns 2,786,172 shares of the exchange traded fund’s stock valued at $118,050,000 after purchasing an additional 313,816 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in iShares Silver Trust by 27.3% in the third quarter. Ameriprise Financial Inc. now owns 2,676,218 shares of the exchange traded fund’s stock worth $113,391,000 after purchasing an additional 573,660 shares during the last quarter. Commonwealth Equity Services LLC grew its position in iShares Silver Trust by 1.3% in the 3rd quarter. Commonwealth Equity Services LLC now owns 2,023,406 shares of the exchange traded fund’s stock worth $85,732,000 after purchasing an additional 26,710 shares during the period. HighTower Advisors LLC grew its position in iShares Silver Trust by 5.7% in the 3rd quarter. HighTower Advisors LLC now owns 1,750,124 shares of the exchange traded fund’s stock worth $74,153,000 after purchasing an additional 94,521 shares during the period. Finally, Envestnet Asset Management Inc. raised its stake in iShares Silver Trust by 20.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,646,056 shares of the exchange traded fund’s stock valued at $69,743,000 after buying an additional 273,913 shares during the last quarter.

iShares Silver Trust Price Performance

Shares of SLV opened at $63.52 on Tuesday. iShares Silver Trust has a one year low of $26.57 and a one year high of $109.83. The business has a fifty day moving average of $76.20 and a 200 day moving average of $60.69. The firm has a market capitalization of $34.97 billion, a P/E ratio of -8.51 and a beta of 0.38.

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.