Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR) Sets New 1-Year High – Here’s What Happened

Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR)’s stock price hit a new 52-week high during trading on Friday . The stock traded as high as $31.62 and last traded at $31.62, with a volume of 577596 shares. The stock had previously closed at $30.25.

Aberdeen Standard Physical Silver Shares ETF Stock Performance

The firm’s 50-day moving average price is $28.83 and its 200 day moving average price is $28.14.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Geneos Wealth Management Inc. grew its holdings in Aberdeen Standard Physical Silver Shares ETF by 86.4% during 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 during the period. Avior Wealth Management LLC boosted its holdings in shares of Aberdeen Standard Physical Silver Shares ETF by 33.8% in the first quarter. Avior Wealth Management LLC now owns 112,047 shares of the company’s stock valued at $2,668,000 after buying an additional 28,323 shares during the period. Cetera Investment Advisers boosted its holdings in shares of Aberdeen Standard Physical Silver Shares ETF by 409.6% in the first quarter. Cetera Investment Advisers now owns 97,385 shares of the company’s stock valued at $2,319,000 after buying an additional 78,274 shares during the period. Herr Investment Group LLC acquired a new position in shares of Aberdeen Standard Physical Silver Shares ETF in the second quarter valued at approximately $4,343,000. Finally, Myecfo LLC boosted its holdings in shares of Aberdeen Standard Physical Silver Shares ETF by 9.5% in the first quarter. Myecfo LLC now owns 58,254 shares of the company’s stock valued at $1,423,000 after buying an additional 5,069 shares during the period.

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.