Brookstone Capital Management raised its position in iShares Silver Trust (NYSEARCA:SLV – Get Rating) by 70.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 114,414 shares of the exchange traded fund’s stock after buying an additional 47,116 shares during the quarter. Brookstone Capital Management’s holdings in iShares Silver Trust were worth $2,508,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SLV. Covestor Ltd purchased a new stake in iShares Silver Trust in the first quarter valued at approximately $28,000. First National Advisers LLC purchased a new stake in iShares Silver Trust in the third quarter valued at approximately $30,000. Horizons Wealth Management acquired a new position in shares of iShares Silver Trust in the second quarter valued at approximately $37,000. HM Payson & Co. increased its holdings in shares of iShares Silver Trust by 1,724.1% in the third quarter. HM Payson & Co. now owns 2,116 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 2,000 shares during the period. Finally, Wipfli Financial Advisors LLC acquired a new position in shares of iShares Silver Trust in the third quarter valued at approximately $38,000.
iShares Silver Trust Price Performance
NYSEARCA:SLV opened at $20.63 on Monday. The stock’s 50 day simple moving average is $20.53 and its 200-day simple moving average is $19.67. iShares Silver Trust has a 12-month low of $16.19 and a 12-month high of $24.16.
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.
Featured Stories
- Get a free copy of the StockNews.com research report on iShares Silver Trust (SLV)
- MarketBeat Week in Review – 3/13 – 3/17
- This Small Tech With Big Growth Prospects Is Nearing A Buy Point
- Don’t Chase FedEx Higher, Wait For The Pullback
- 3 Stocks For A Defensive Tech Portfolio
- Milk the Dividends on These 3 Cash Cows
Want to see what other hedge funds are holding SLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Silver Trust (NYSEARCA:SLV – Get Rating).
Receive News & Ratings for iShares Silver Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Silver Trust and related companies with MarketBeat.com's FREE daily email newsletter.
