Sowell Financial Services LLC Lowers Holdings in Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR)

Sowell Financial Services LLC lessened its stake in Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR) by 52.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 80,130 shares of the company’s stock after selling 87,191 shares during the quarter. Sowell Financial Services LLC’s holdings in Aberdeen Standard Physical Silver Shares ETF were worth $2,209,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of SIVR. Quadrature Capital Ltd purchased a new position in shares of Aberdeen Standard Physical Silver Shares ETF in the 3rd quarter worth about $11,404,000. Bank of Montreal Can purchased a new position in shares of Aberdeen Standard Physical Silver Shares ETF in the 3rd quarter worth about $10,597,000. Benjamin Edwards Inc. raised its position in shares of Aberdeen Standard Physical Silver Shares ETF by 2,924.9% in the 3rd 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 last quarter. Raymond James Financial Inc. purchased a new position in shares of Aberdeen Standard Physical Silver Shares ETF in the 4th quarter worth about $6,937,000. Finally, AMG National Trust Bank raised its position in Aberdeen Standard Physical Silver Shares ETF by 25.7% in the 3rd quarter. AMG National Trust Bank now owns 426,974 shares of the company’s stock worth $12,702,000 after buying an additional 87,348 shares during the last quarter.

Aberdeen Standard Physical Silver Shares ETF Price Performance

Shares of NYSEARCA:SIVR opened at $31.01 on Monday. Aberdeen Standard Physical Silver Shares ETF has a fifty-two week low of $22.98 and a fifty-two week high of $33.31. The business has a 50-day simple moving average of $29.74 and a two-hundred day simple moving average of $29.60.

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.