iShares Silver Trust Target of Unusually High Options Trading (NYSEARCA:SLV)

iShares Silver Trust (NYSEARCA:SLV) was the target of some unusual options trading on Tuesday. Stock traders bought 460,011 call options on the company. This is an increase of approximately 27% compared to the average volume of 362,465 call options.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. BankPlus Trust Department bought a new position in shares of iShares Silver Trust during the fourth quarter valued at about $58,000. Rothschild Investment LLC grew its stake in shares of iShares Silver Trust by 12.6% during the fourth quarter. Rothschild Investment LLC now owns 13,432 shares of the exchange traded fund’s stock valued at $354,000 after buying an additional 1,500 shares during the last quarter. IFP Advisors Inc grew its stake in shares of iShares Silver Trust by 14.3% during the fourth quarter. IFP Advisors Inc now owns 8,735 shares of the exchange traded fund’s stock valued at $230,000 after buying an additional 1,096 shares during the last quarter. J. W. Coons Advisors LLC grew its stake in shares of iShares Silver Trust by 5.7% during the fourth quarter. J. W. Coons Advisors LLC now owns 22,200 shares of the exchange traded fund’s stock valued at $585,000 after buying an additional 1,200 shares during the last quarter. Finally, B&D White Capital Company LLC bought a new position in shares of iShares Silver Trust during the fourth quarter valued at about $5,270,000.

iShares Silver Trust Stock Performance

SLV traded up $0.79 during trading on Tuesday, reaching $29.46. The stock had a trading volume of 32,349,870 shares, compared to its average volume of 20,273,266. The stock has a market cap of $13.82 billion, a PE ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a one year low of $20.11 and a one year high of $31.80. The business has a 50-day moving average of $27.64 and a 200-day moving average of $27.67.

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.