Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR) Shares Gap Up to $28.24

Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $28.24, but opened at $28.99. Aberdeen Standard Physical Silver Shares ETF shares last traded at $29.10, with a volume of 56,756 shares traded.

Aberdeen Standard Physical Silver Shares ETF Stock Performance

The business’s 50 day simple moving average is $27.98 and its 200 day simple moving average is $24.88.

Institutional Investors Weigh In On Aberdeen Standard Physical Silver Shares ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SIVR. Blue Trust Inc. raised its position in Aberdeen Standard Physical Silver Shares ETF by 50.7% in the fourth quarter. Blue Trust Inc. now owns 3,429 shares of the company’s stock valued at $73,000 after purchasing an additional 1,154 shares during the period. Sachetta LLC acquired a new stake in shares of Aberdeen Standard Physical Silver Shares ETF during the fourth quarter worth about $80,000. Pineridge Advisors LLC purchased a new position in shares of Aberdeen Standard Physical Silver Shares ETF in the fourth quarter valued at approximately $82,000. Geneos Wealth Management Inc. grew its holdings in shares of Aberdeen Standard Physical Silver Shares ETF by 86.4% in the first quarter. Geneos Wealth Management Inc. now owns 3,728 shares of the company’s stock valued at $89,000 after purchasing an additional 1,728 shares in the last quarter. Finally, Mather Group LLC. purchased a new stake in Aberdeen Standard Physical Silver Shares ETF during the 1st quarter worth approximately $136,000.

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.