Avantax Advisory Services Inc. Purchases 17,006 Shares of Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR)

Avantax Advisory Services Inc. boosted its position in shares of Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR) by 75.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 39,677 shares of the company’s stock after acquiring an additional 17,006 shares during the quarter. Avantax Advisory Services Inc.’s holdings in Aberdeen Standard Physical Silver Shares ETF were worth $1,094,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. AMG National Trust Bank boosted its position in shares of Aberdeen Standard Physical Silver Shares ETF by 13.7% during the fourth quarter. AMG National Trust Bank now owns 485,523 shares of the company’s stock valued at $13,439,000 after buying an additional 58,549 shares during the period. Quadrature Capital Ltd purchased a new position in Aberdeen Standard Physical Silver Shares ETF during the 3rd quarter valued at $11,404,000. Capital Management Associates Inc boosted its holdings in Aberdeen Standard Physical Silver Shares ETF by 3.5% during the 4th quarter. Capital Management Associates Inc now owns 352,618 shares of the company’s stock valued at $9,722,000 after acquiring an additional 12,049 shares during the period. Bank of Montreal Can bought a new position in Aberdeen Standard Physical Silver Shares ETF in the 3rd quarter valued at $10,597,000. Finally, Benjamin Edwards Inc. increased its stake in Aberdeen Standard Physical Silver Shares ETF by 2,924.9% in the third quarter. Benjamin Edwards Inc. now owns 310,140 shares of the company’s stock worth $9,226,000 after purchasing an additional 299,887 shares during the period.

Aberdeen Standard Physical Silver Shares ETF Price Performance

Shares of SIVR opened at $32.24 on Thursday. The firm has a fifty day moving average price of $30.32 and a 200-day moving average price of $29.80. Aberdeen Standard Physical Silver Shares ETF has a 12-month low of $23.33 and a 12-month high of $33.31.

About Aberdeen Standard Physical Silver Shares ETF

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.