iShares Silver Trust $SLV Shares Sold by Brookstone Capital Management

Brookstone Capital Management trimmed its position in iShares Silver Trust (NYSEARCA:SLV) by 28.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 192,831 shares of the exchange traded fund’s stock after selling 77,565 shares during the quarter. Brookstone Capital Management’s holdings in iShares Silver Trust were worth $13,139,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in SLV. Sarver Vrooman Wealth Advisors bought a new position in iShares Silver Trust during the fourth quarter worth $30,000. Intesa Sanpaolo Wealth Management acquired a new position in iShares Silver Trust in the fourth quarter worth $32,000. Sfam LLC bought a new stake in iShares Silver Trust during the fourth quarter valued at $33,000. Rialto Wealth Management LLC bought a new stake in iShares Silver Trust during the fourth quarter valued at $33,000. Finally, Redwood Park Advisors LLC increased its stake in iShares Silver Trust by 106.4% during the fourth quarter. Redwood Park Advisors LLC now owns 516 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 266 shares during the last quarter.

iShares Silver Trust Stock Performance

Shares of NYSEARCA:SLV opened at $58.91 on Tuesday. The company’s fifty day moving average is $67.66 and its two-hundred day moving average is $70.15. iShares Silver Trust has a 1-year low of $32.06 and a 1-year high of $109.83. The stock has a market capitalization of $33.34 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.