Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR) Sees Strong Trading Volume – Here’s What Happened

Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR) saw an uptick in trading volume on Monday . 902,130 shares changed hands during trading, an increase of 80% from the previous session’s volume of 502,469 shares.The stock last traded at $29.96 and had previously closed at $29.86.

Aberdeen Standard Physical Silver Shares ETF Stock Up 1.0 %

The firm’s 50 day simple moving average is $28.94 and its 200 day simple moving average is $28.98.

Hedge Funds Weigh In On Aberdeen Standard Physical Silver Shares ETF

Several institutional investors have recently bought and sold shares of SIVR. Assetmark Inc. purchased a new stake in shares of Aberdeen Standard Physical Silver Shares ETF in the third quarter valued at $27,000. Mather Group LLC. purchased a new stake in Aberdeen Standard Physical Silver Shares ETF in the 4th quarter worth about $180,000. Capital Wealth Alliance LLC lifted its stake in Aberdeen Standard Physical Silver Shares ETF by 6.4% in the fourth quarter. Capital Wealth Alliance LLC now owns 7,457 shares of the company’s stock worth $206,000 after purchasing an additional 446 shares during the last quarter. Farther Finance Advisors LLC boosted its position in shares of Aberdeen Standard Physical Silver Shares ETF by 100.0% during the third quarter. Farther Finance Advisors LLC now owns 6,988 shares of the company’s stock valued at $208,000 after buying an additional 3,494 shares during the period. Finally, Strategic Financial Concepts LLC bought a new position in shares of Aberdeen Standard Physical Silver Shares ETF during the fourth quarter valued at approximately $208,000.

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.