Brookwood Investment Group LLC Sells 38,922 Shares of iShares Silver Trust $SLV

Brookwood Investment Group LLC lessened its stake in iShares Silver Trust (NYSEARCA:SLVFree Report) by 26.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 106,772 shares of the exchange traded fund’s stock after selling 38,922 shares during the period. iShares Silver Trust comprises about 0.8% of Brookwood Investment Group LLC’s portfolio, making the stock its 22nd biggest position. Brookwood Investment Group LLC’s holdings in iShares Silver Trust were worth $6,878,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the stock. Granite Harbor Advisors Inc. bought a new stake in shares of iShares Silver Trust in the 4th quarter valued at about $1,101,000. DeDora Capital Inc. acquired a new position in shares of iShares Silver Trust in the 4th quarter valued at about $273,000. True North Advisors LLC acquired a new position in shares of iShares Silver Trust in the 4th quarter valued at about $400,000. Carlton Hofferkamp & Jenks Wealth Management LLC acquired a new position in shares of iShares Silver Trust in the 4th quarter valued at about $382,000. Finally, Castle Wealth Management LLC acquired a new position in shares of iShares Silver Trust in the 4th quarter valued at about $304,000.

iShares Silver Trust Price Performance

Shares of NYSEARCA:SLV opened at $68.39 on Friday. The company has a market capitalization of $38.71 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45. The business’s 50-day moving average is $71.71 and its 200-day moving average is $61.96. iShares Silver Trust has a 1 year low of $27.81 and a 1 year high of $109.83.

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iShares Silver Trust Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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