Traders Purchase High Volume of Call Options on iShares Silver Trust (NYSEARCA:SLV)

iShares Silver Trust (NYSEARCA:SLV) was the recipient of unusually large options trading on Wednesday. Stock traders acquired 757,920 call options on the stock. This represents an increase of 23% compared to the typical volume of 617,217 call options.

iShares Silver Trust Stock Performance

Shares of SLV stock opened at $48.32 on Thursday. iShares Silver Trust has a fifty-two week low of $26.19 and a fifty-two week high of $49.25. The stock’s fifty day moving average price is $42.60 and its two-hundred day moving average price is $36.30. The company has a market cap of $26.03 billion, a PE ratio of -8.51 and a beta of 0.38.

Institutional Trading of iShares Silver Trust

Large investors have recently bought and sold shares of the business. Consolidated Portfolio Review Corp raised its stake in iShares Silver Trust by 1.4% during the third quarter. Consolidated Portfolio Review Corp now owns 137,091 shares of the exchange traded fund’s stock worth $5,809,000 after acquiring an additional 1,919 shares in the last quarter. Perennial Investment Advisors LLC grew its holdings in shares of iShares Silver Trust by 21.7% during the 3rd quarter. Perennial Investment Advisors LLC now owns 85,399 shares of the exchange traded fund’s stock valued at $3,618,000 after purchasing an additional 15,236 shares during the last quarter. Smith Moore & CO. increased its position in iShares Silver Trust by 1.3% during the 3rd quarter. Smith Moore & CO. now owns 90,802 shares of the exchange traded fund’s stock worth $3,847,000 after purchasing an additional 1,147 shares in the last quarter. United Capital Management of KS Inc. increased its position in iShares Silver Trust by 3.3% during the 3rd quarter. United Capital Management of KS Inc. now owns 6,999 shares of the exchange traded fund’s stock worth $297,000 after purchasing an additional 221 shares in the last quarter. Finally, Orion Porfolio Solutions LLC lifted its stake in iShares Silver Trust by 22.2% in the 3rd quarter. Orion Porfolio Solutions LLC now owns 62,790 shares of the exchange traded fund’s stock valued at $2,660,000 after purchasing an additional 11,421 shares during the last quarter.

About iShares Silver Trust

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.