iShares Silver Trust (NYSEARCA:SLV – Get Rating) was the recipient of some unusual options trading on Thursday. Investors purchased 252,243 call options on the company. This is an increase of 23% compared to the average daily volume of 205,455 call options.
iShares Silver Trust Price Performance
Shares of NYSEARCA SLV opened at $23.94 on Friday. iShares Silver Trust has a 52-week low of $16.19 and a 52-week high of $23.94. The business has a 50-day moving average price of $21.53 and a 200 day moving average price of $20.80.
Institutional Trading of iShares Silver Trust
A number of hedge funds have recently added to or reduced their stakes in SLV. Blair William & Co. IL lifted its position in iShares Silver Trust by 8.2% during the 1st quarter. Blair William & Co. IL now owns 105,435 shares of the exchange traded fund’s stock worth $2,412,000 after acquiring an additional 7,980 shares during the period. Baird Financial Group Inc. lifted its holdings in shares of iShares Silver Trust by 14.8% in the 1st quarter. Baird Financial Group Inc. now owns 1,095,156 shares of the exchange traded fund’s stock valued at $25,057,000 after buying an additional 140,797 shares during the period. Covestor Ltd acquired a new stake in shares of iShares Silver Trust in the 1st quarter valued at approximately $28,000. Merit Financial Group LLC lifted its holdings in shares of iShares Silver Trust by 24.5% in the 1st quarter. Merit Financial Group LLC now owns 20,346 shares of the exchange traded fund’s stock valued at $466,000 after buying an additional 4,000 shares during the period. Finally, NewEdge Advisors LLC lifted its holdings in shares of iShares Silver Trust by 141.6% in the 1st quarter. NewEdge Advisors LLC now owns 312,345 shares of the exchange traded fund’s stock valued at $7,147,000 after buying an additional 183,084 shares during the period.
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.
Further Reading
- Get a free copy of the StockNews.com research report on iShares Silver Trust (SLV)
- Investors Are Barking Up The Right Tree With Datadog
- How to Invest in Central Bank Digital Currency
- Kellogg Company Looks GRRR-eat! At These Levels
- PacWest, First Horizon Shares Plummet On Continued Bank Worries
- Yum! Brands Pulls Back To More Appetizing Levels
Receive News & Ratings for iShares Silver Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Silver Trust and related companies with MarketBeat.com's FREE daily email newsletter.
