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.
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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.
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