Investors Buy Large Volume of iShares MSCI Global Silver and Metals Miners ETF Call Options (BATS:SLVP)

iShares MSCI Global Silver and Metals Miners ETF (BATS:SLVPGet Free Report) was the recipient of some unusual options trading activity on Wednesday. Stock investors acquired 18,335 call options on the company. This is an increase of 6,666% compared to the typical daily volume of 271 call options.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Bogart Wealth LLC purchased a new position in iShares MSCI Global Silver and Metals Miners ETF in the 3rd quarter valued at $27,000. JPMorgan Chase & Co. grew its holdings in shares of iShares MSCI Global Silver and Metals Miners ETF by 69.8% during the third quarter. JPMorgan Chase & Co. now owns 1,022 shares of the company’s stock worth $28,000 after buying an additional 420 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new stake in shares of iShares MSCI Global Silver and Metals Miners ETF in the fourth quarter valued at about $86,000. EverSource Wealth Advisors LLC purchased a new position in shares of iShares MSCI Global Silver and Metals Miners ETF in the second quarter worth about $114,000. Finally, Accordant Advisory Group Inc purchased a new position in shares of iShares MSCI Global Silver and Metals Miners ETF in the second quarter worth about $230,000.

iShares MSCI Global Silver and Metals Miners ETF News Roundup

Here are the key news stories impacting iShares MSCI Global Silver and Metals Miners ETF this week:

iShares MSCI Global Silver and Metals Miners ETF Stock Up 185.3%

Shares of iShares MSCI Global Silver and Metals Miners ETF stock traded up $28.58 during mid-day trading on Wednesday, reaching $44.00. 85,956 shares of the stock traded hands, compared to its average volume of 158,912. The business has a 50-day moving average of $33.31 and a 200 day moving average of $26.72. iShares MSCI Global Silver and Metals Miners ETF has a fifty-two week low of $10.78 and a fifty-two week high of $19.02. The stock has a market capitalization of $796.40 million, a PE ratio of 26.00 and a beta of 0.76.

About iShares MSCI Global Silver and Metals Miners ETF

(Get Free Report)

The iShares MSCI Global Silver and Metals Miners ETF (SLVP) is an exchange-traded fund that is based on the MSCI ACWI Select Silver Miners IMI index, a market-cap-weighted index of global companies that earn the majority of their revenues from silver mining. SLVP was launched on Jan 31, 2012 and is managed by BlackRock.

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