Investors Purchase Large Volume of iShares MSCI Global Silver and Metals Miners ETF Call Options (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 company. This represents an increase of 2,328% compared to the average daily volume of 717 call options.

iShares MSCI Global Silver and Metals Miners ETF Trading Down 5.5%

Shares of BATS SLVP traded down $2.30 during midday trading on Tuesday, reaching $39.34. The company had a trading volume of 710,655 shares, compared to its average volume of 1,366,989. 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 business’s 50-day simple moving average is $38.45 and its 200 day simple moving average is $29.99. The stock has a market cap of $712.04 million, a P/E ratio of 26.00 and a beta of 0.76.

Institutional Investors Weigh In On iShares MSCI Global Silver and Metals Miners ETF

A number of institutional investors and hedge funds have recently modified their holdings of SLVP. Accordant Advisory Group Inc purchased a new stake in iShares MSCI Global Silver and Metals Miners ETF in the second quarter valued at approximately $230,000. Jeppson Wealth Management LLC acquired a new stake in iShares MSCI Global Silver and Metals Miners ETF during the 4th quarter valued at approximately $215,000. JPMorgan Chase & Co. boosted its holdings in shares of iShares MSCI Global Silver and Metals Miners ETF by 69.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,022 shares of the company’s stock valued at $28,000 after acquiring an additional 420 shares during the last quarter. Ameriprise Financial Inc. increased its stake in shares of iShares MSCI Global Silver and Metals Miners ETF by 3.7% in the second quarter. Ameriprise Financial Inc. now owns 218,306 shares of the company’s stock worth $3,888,000 after acquiring an additional 7,812 shares during the period. Finally, EverSource Wealth Advisors LLC acquired a new stake in shares of iShares MSCI Global Silver and Metals Miners ETF in the second quarter worth $114,000.

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.