iShares MSCI Global Silver and Metals Miners ETF (BATS:SLVP – Get Free Report)’s stock price were down 0.7% during mid-day trading on Tuesday . The stock traded as low as $40.20 and last traded at $40.28. 129,075 shares changed hands during trading, a decline of 77% from the average daily volume of 568,696 shares. The stock had previously closed at $40.58.
iShares MSCI Global Silver and Metals Miners ETF Trading Down 0.7%
The firm has a 50 day moving average of $34.67 and a 200-day moving average of $36.00. The company has a market cap of $729.07 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
Several institutional investors and hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. lifted its holdings in shares of iShares MSCI Global Silver and Metals Miners ETF by 69.8% in the third quarter. JPMorgan Chase & Co. now owns 1,022 shares of the company’s stock worth $28,000 after buying an additional 420 shares in the last quarter. Main Street Group LTD bought a new stake in iShares MSCI Global Silver and Metals Miners ETF in the 1st quarter valued at $56,000. EverSource Wealth Advisors LLC bought a new stake in iShares MSCI Global Silver and Metals Miners ETF in the 2nd quarter valued at $114,000. Finally, Ameriprise Financial Inc. lifted its stake in iShares MSCI Global Silver and Metals Miners ETF by 3.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 218,306 shares of the company’s stock worth $3,888,000 after purchasing an additional 7,812 shares in the last quarter.
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.
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