Stock Traders Buy Large Volume of Call Options on iShares Silver Trust (NYSEARCA:SLV)

iShares Silver Trust (NYSEARCA:SLV) saw unusually large options trading on Tuesday. Stock investors purchased 541,690 call options on the company. This represents an increase of approximately 97% compared to the typical volume of 274,709 call options.

Institutional Investors Weigh In On iShares Silver Trust

Hedge funds and other institutional investors have recently made changes to their positions in the business. Bleakley Financial Group LLC raised its position in iShares Silver Trust by 27.5% during the fourth quarter. Bleakley Financial Group LLC now owns 1,845,900 shares of the exchange traded fund’s stock valued at $40,204,000 after purchasing an additional 397,836 shares in the last quarter. Simplicity Solutions LLC increased its holdings in shares of iShares Silver Trust by 26.2% during the fourth quarter. Simplicity Solutions LLC now owns 1,845,900 shares of the exchange traded fund’s stock worth $40,204,000 after buying an additional 383,336 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of iShares Silver Trust by 27.3% during the fourth quarter. Commonwealth Equity Services LLC now owns 1,601,570 shares of the exchange traded fund’s stock worth $34,882,000 after buying an additional 343,004 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its holdings in shares of iShares Silver Trust by 11.4% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 1,298,815 shares of the exchange traded fund’s stock worth $28,288,000 after buying an additional 132,729 shares in the last quarter. Finally, 1832 Asset Management L.P. increased its holdings in shares of iShares Silver Trust by 3.6% during the fourth quarter. 1832 Asset Management L.P. now owns 1,141,849 shares of the exchange traded fund’s stock worth $24,869,000 after buying an additional 39,452 shares in the last quarter.

iShares Silver Trust Stock Up 0.2 %

Shares of NYSEARCA:SLV opened at $24.99 on Wednesday. iShares Silver Trust has a 12-month low of $18.97 and a 12-month high of $27.24. The stock has a market cap of $11.86 billion, a PE ratio of -7.62 and a beta of 0.46. The business has a 50 day moving average of $23.02 and a 200-day moving average of $21.88.

iShares Silver Trust Company 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.