iShares MSCI Global Silver and Metals Miners ETF Target of Unusually Large Options Trading (BATS:SLVP)

iShares MSCI Global Silver and Metals Miners ETF (BATS:SLVP) saw unusually large options trading activity on Tuesday. Stock traders bought 17,411 call options on the stock. This is an increase of 2,328% compared to the average daily volume of 717 call options.

Institutional Trading of iShares MSCI Global Silver and Metals Miners ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Ameriprise Financial Inc. increased its holdings in iShares MSCI Global Silver and Metals Miners ETF by 3.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 218,306 shares of the company’s stock valued at $3,888,000 after purchasing an additional 7,812 shares during the period. CoreCap Advisors LLC bought a new stake in shares of iShares MSCI Global Silver and Metals Miners ETF in the 4th quarter worth approximately $2,417,000. Accordant Advisory Group Inc purchased a new position in shares of iShares MSCI Global Silver and Metals Miners ETF during the second quarter valued at approximately $230,000. Harbour Trust & Investment Management Co bought a new position in shares of iShares MSCI Global Silver and Metals Miners ETF during the third quarter valued at approximately $251,000. Finally, EverSource Wealth Advisors LLC bought a new position in shares of iShares MSCI Global Silver and Metals Miners ETF during the second quarter valued at approximately $114,000.

iShares MSCI Global Silver and Metals Miners ETF Price Performance

Shares of SLVP opened at $40.85 on Thursday. iShares MSCI Global Silver and Metals Miners ETF has a 1-year low of $12.40 and a 1-year high of $50.15. The company has a market capitalization of $739.39 million, a P/E ratio of 26.00 and a beta of 0.76. The firm’s 50 day simple moving average is $38.79 and its 200 day simple moving average is $30.22.

iShares MSCI Global Silver and Metals Miners ETF Company Profile

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.