iShares Silver Trust Target of Unusually High Options Trading (NYSEARCA:SLV)

iShares Silver Trust (NYSEARCA:SLV) was the target of unusually large options trading activity on Thursday. Stock investors acquired 39,551 call options on the stock. This represents an increase of approximately 237% compared to the typical daily volume of 11,742 call options.

iShares Silver Trust (NYSEARCA SLV) opened at 16.17 on Friday. The stock’s 50 day moving average is $15.51 and its 200 day moving average is $16.27. iShares Silver Trust has a 52 week low of $14.44 and a 52 week high of $19.12.

Large investors have recently modified their holdings of the stock. Puplava Financial Services Inc. boosted its stake in iShares Silver Trust by 4.1% in the second quarter. Puplava Financial Services Inc. now owns 14,485 shares of the exchange traded fund’s stock valued at $228,000 after buying an additional 565 shares during the last quarter. Financial Consulate Inc. raised its position in shares of iShares Silver Trust by 4.4% in the second quarter. Financial Consulate Inc. now owns 114,112 shares of the exchange traded fund’s stock valued at $1,793,000 after buying an additional 4,850 shares during the period. Lucas Capital Management raised its position in shares of iShares Silver Trust by 38.5% in the second quarter. Lucas Capital Management now owns 49,779 shares of the exchange traded fund’s stock valued at $782,000 after buying an additional 13,839 shares during the period. David R. Rahn & Associates Inc. bought a new position in shares of iShares Silver Trust during the second quarter valued at $1,256,000. Finally, Stratos Wealth Partners LTD. raised its position in shares of iShares Silver Trust by 1.8% in the second quarter. Stratos Wealth Partners LTD. now owns 91,657 shares of the exchange traded fund’s stock valued at $1,440,000 after buying an additional 1,626 shares during the period.

ILLEGAL ACTIVITY NOTICE: “iShares Silver Trust Target of Unusually High Options Trading (NYSEARCA:SLV)” was published by Transcript Daily and is the sole property of of Transcript Daily. If you are viewing this report on another site, it was stolen and reposted in violation of US and international trademark and copyright legislation. The legal version of this report can be viewed at https://transcriptdaily.com/2017/08/13/ishares-silver-trust-target-of-unusually-high-options-trading-nysearcaslv-2.html.

iShares Silver Trust Company Profile

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.

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.

Leave a Reply