iShares MSCI Global Silver and Metals Miners ETF (BATS:SLVP) Shares Down 1.6% – Time to Sell?

iShares MSCI Global Silver and Metals Miners ETF (BATS:SLVPGet Free Report) dropped 1.6% on Wednesday . The stock traded as low as $12.59 and last traded at $12.62. Approximately 92,477 shares changed hands during mid-day trading, The stock had previously closed at $12.83.

iShares MSCI Global Silver and Metals Miners ETF Stock Down 1.6 %

The company has a market capitalization of $238.52 million, a P/E ratio of 31.74 and a beta of 1.05. The business has a 50 day simple moving average of $13.58 and a 200-day simple moving average of $12.74.

About iShares MSCI Global Silver and Metals Miners ETF

(Get Free Report)

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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