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

iShares Silver Trust (NYSEARCA:SLVGet Free Report) was the target of unusually large options trading on Monday. Investors bought 603,561 call options on the company. This is an increase of 56% compared to the typical volume of 387,589 call options.

Hedge Funds Weigh In On iShares Silver Trust

Several hedge funds have recently added to or reduced their stakes in the business. Durante & Waters LLC grew its stake in iShares Silver Trust by 4.1% during the 1st quarter. Durante & Waters LLC now owns 11,500 shares of the exchange traded fund’s stock valued at $262,000 after purchasing an additional 450 shares in the last quarter. City State Bank increased its stake in iShares Silver Trust by 9.7% during the fourth quarter. City State Bank now owns 5,680 shares of the exchange traded fund’s stock valued at $124,000 after purchasing an additional 500 shares during the last quarter. Grant GrossMendelsohn LLC grew its position in shares of iShares Silver Trust by 4.4% during the 4th quarter. Grant GrossMendelsohn LLC now owns 12,100 shares of the exchange traded fund’s stock valued at $252,000 after buying an additional 505 shares during the last quarter. Hazlett Burt & Watson Inc. boosted its position in iShares Silver Trust by 13.9% during the 1st quarter. Hazlett Burt & Watson Inc. now owns 4,254 shares of the exchange traded fund’s stock valued at $97,000 after purchasing an additional 520 shares during the period. Finally, Van Hulzen Asset Management LLC increased its holdings in shares of iShares Silver Trust by 1.5% in the 4th quarter. Van Hulzen Asset Management LLC now owns 37,776 shares of the exchange traded fund’s stock worth $823,000 after acquiring an additional 570 shares during the period.

iShares Silver Trust Trading Down 0.0 %

Shares of iShares Silver Trust stock opened at $28.12 on Wednesday. The stock has a market cap of $13.20 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. The company has a fifty day simple moving average of $27.06 and a 200-day simple moving average of $23.99. iShares Silver Trust has a 12-month low of $18.97 and a 12-month high of $29.56.

iShares Silver Trust Company Profile

(Get 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.

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