Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR) Shares Gap Down to $29.88

Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVRGet Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $29.88, but opened at $28.56. Aberdeen Standard Physical Silver Shares ETF shares last traded at $28.41, with a volume of 234,308 shares.

Aberdeen Standard Physical Silver Shares ETF Stock Performance

The stock has a 50 day moving average price of $27.40 and a two-hundred day moving average price of $24.27.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Cetera Advisors LLC increased its holdings in shares of Aberdeen Standard Physical Silver Shares ETF by 75.8% during the 1st quarter. Cetera Advisors LLC now owns 20,670 shares of the company’s stock valued at $492,000 after acquiring an additional 8,915 shares during the last quarter. Cetera Investment Advisers grew its holdings in Aberdeen Standard Physical Silver Shares ETF by 409.6% in the 1st 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 last quarter. Virtu Financial LLC acquired a new stake in Aberdeen Standard Physical Silver Shares ETF in the 1st quarter valued at approximately $6,030,000. Kingsview Wealth Management LLC grew its holdings in Aberdeen Standard Physical Silver Shares ETF by 17.4% in the 1st quarter. Kingsview Wealth Management LLC now owns 10,663 shares of the company’s stock valued at $254,000 after buying an additional 1,578 shares during the last quarter. Finally, Sheets Smith Wealth Management grew its holdings in Aberdeen Standard Physical Silver Shares ETF by 18.4% in the 1st quarter. Sheets Smith Wealth Management now owns 25,726 shares of the company’s stock valued at $613,000 after buying an additional 4,000 shares during the last quarter.

About Aberdeen Standard Physical Silver Shares ETF

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Aberdeen Standard Physical Silver Shares ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aberdeen Standard Physical Silver Shares ETF and related companies with MarketBeat.com's FREE daily email newsletter.