Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR) Sees Large Volume Increase

Shares of Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR) saw unusually-strong trading volume on Tuesday . Approximately 596,474 shares traded hands during mid-day trading, a decline of 43% from the previous session’s volume of 1,055,197 shares.The stock last traded at $26.80 and had previously closed at $27.64.

Aberdeen Standard Physical Silver Shares ETF Stock Down 2.1 %

The company has a fifty day moving average price of $23.45 and a two-hundred day moving average price of $22.62.

Hedge Funds Weigh In On Aberdeen Standard Physical Silver Shares ETF

A number of hedge funds have recently modified their holdings of SIVR. S.A. Mason LLC grew its position in Aberdeen Standard Physical Silver Shares ETF by 92.5% in the 3rd quarter. S.A. Mason LLC now owns 1,155 shares of the company’s stock worth $25,000 after purchasing an additional 555 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Aberdeen Standard Physical Silver Shares ETF by 115.6% in the 4th quarter. JPMorgan Chase & Co. now owns 1,455 shares of the company’s stock worth $33,000 after buying an additional 780 shares during the period. Householder Group Estate & Retirement Specialist LLC bought a new position in Aberdeen Standard Physical Silver Shares ETF in the 3rd quarter valued at $35,000. Harbour Investments Inc. boosted its holdings in Aberdeen Standard Physical Silver Shares ETF by 750.0% in the 4th quarter. Harbour Investments Inc. now owns 1,700 shares of the company’s stock valued at $39,000 after purchasing an additional 1,500 shares during the period. Finally, Cullen Frost Bankers Inc. bought a new position in Aberdeen Standard Physical Silver Shares ETF in the 3rd quarter valued at $47,000.

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.