Brookstone Capital Management Grows Stock Position in iShares Silver Trust $SLV

Brookstone Capital Management increased its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 14.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 101,617 shares of the exchange traded fund’s stock after buying an additional 12,487 shares during the quarter. Brookstone Capital Management’s holdings in iShares Silver Trust were worth $3,334,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. Clear Harbor Asset Management LLC lifted its position in iShares Silver Trust by 1.0% during the second quarter. Clear Harbor Asset Management LLC now owns 29,760 shares of the exchange traded fund’s stock worth $976,000 after buying an additional 300 shares during the period. Financial Management Professionals Inc. lifted its position in iShares Silver Trust by 37.6% during the second quarter. Financial Management Professionals Inc. now owns 1,105 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 302 shares during the period. Revisor Wealth Management LLC raised its holdings in shares of iShares Silver Trust by 1.7% in the 2nd quarter. Revisor Wealth Management LLC now owns 18,013 shares of the exchange traded fund’s stock worth $608,000 after purchasing an additional 306 shares during the period. Whittier Trust Co. raised its holdings in shares of iShares Silver Trust by 1.2% in the 1st quarter. Whittier Trust Co. now owns 30,045 shares of the exchange traded fund’s stock worth $931,000 after purchasing an additional 361 shares during the period. Finally, AdvisorNet Financial Inc raised its holdings in shares of iShares Silver Trust by 9.4% in the 2nd quarter. AdvisorNet Financial Inc now owns 4,550 shares of the exchange traded fund’s stock worth $149,000 after purchasing an additional 390 shares during the period.

iShares Silver Trust Price Performance

iShares Silver Trust stock opened at $44.18 on Friday. The stock’s 50-day moving average is $40.12 and its 200-day moving average is $34.74. The company has a market cap of $24.14 billion, a price-to-earnings ratio of -8.51 and a beta of 0.59. iShares Silver Trust has a 12 month low of $26.19 and a 12 month high of $49.25.

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.