Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR) Sees Large Volume Increase

Shares of Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR) saw an uptick in trading volume on Tuesday . 1,193,773 shares were traded during trading, an increase of 4% from the previous session’s volume of 1,146,667 shares.The stock last traded at $26.01 and had previously closed at $26.07.

Aberdeen Standard Physical Silver Shares ETF Price Performance

The stock has a 50 day simple moving average of $24.18 and a 200 day simple moving average of $22.91.

Institutional Trading of Aberdeen Standard Physical Silver Shares ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. LPL Financial LLC raised its position in shares of Aberdeen Standard Physical Silver Shares ETF by 16.0% in the 3rd quarter. LPL Financial LLC now owns 519,377 shares of the company’s stock worth $11,042,000 after acquiring an additional 71,513 shares in the last quarter. Wells Fargo & Company MN grew its position in shares of Aberdeen Standard Physical Silver Shares ETF by 15.3% in the 4th quarter. Wells Fargo & Company MN now owns 501,943 shares of the company’s stock worth $11,429,000 after buying an additional 66,501 shares during the period. Cambridge Investment Research Advisors Inc. increased its stake in shares of Aberdeen Standard Physical Silver Shares ETF by 2.0% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 390,340 shares of the company’s stock worth $8,299,000 after acquiring an additional 7,803 shares in the last quarter. Systelligence LLC boosted its position in shares of Aberdeen Standard Physical Silver Shares ETF by 2.4% in the 1st quarter. Systelligence LLC now owns 366,909 shares of the company’s stock worth $8,736,000 after purchasing an additional 8,566 shares in the last quarter. Finally, AMG National Trust Bank grew its stake in shares of Aberdeen Standard Physical Silver Shares ETF by 10.5% in the 4th quarter. AMG National Trust Bank now owns 290,411 shares of the company’s stock worth $6,613,000 after buying an additional 27,517 shares during the last quarter.

Aberdeen Standard Physical Silver Shares ETF Company Profile

ETFS Silver Trust (the Trust) is formed to own silver transferred to the Trust in exchange for shares issued by the Trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of silver bullion, less the expenses of the Trust’s operations. ETFS Physical Silver Shares (the Shares) are issued by ETFS Silver Trust.