IndexIQ Advisors LLC Raises Position in Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR)

IndexIQ Advisors LLC grew its holdings in shares of Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR) by 106.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 77,510 shares of the company’s stock after purchasing an additional 39,924 shares during the period. IndexIQ Advisors LLC owned approximately 0.18% of Aberdeen Standard Physical Silver Shares ETF worth $1,657,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of SIVR. Proficio Capital Partners LLC raised its stake in Aberdeen Standard Physical Silver Shares ETF by 11.0% in the 2nd quarter. Proficio Capital Partners LLC now owns 1,143,688 shares of the company’s stock worth $28,781,000 after acquiring an additional 112,885 shares during the last quarter. Systelligence LLC raised its stake in Aberdeen Standard Physical Silver Shares ETF by 13.6% in the 3rd quarter. Systelligence LLC now owns 658,160 shares of the company’s stock worth $14,065,000 after acquiring an additional 78,825 shares during the last quarter. Wells Fargo & Company MN raised its stake in Aberdeen Standard Physical Silver Shares ETF by 48.3% in the 2nd quarter. Wells Fargo & Company MN now owns 366,996 shares of the company’s stock worth $9,244,000 after acquiring an additional 119,449 shares during the last quarter. Morgan Stanley raised its stake in Aberdeen Standard Physical Silver Shares ETF by 86.6% in the 2nd quarter. Morgan Stanley now owns 318,471 shares of the company’s stock worth $8,023,000 after acquiring an additional 147,797 shares during the last quarter. Finally, Gradient Investments LLC raised its stake in Aberdeen Standard Physical Silver Shares ETF by 10,109.1% in the 3rd quarter. Gradient Investments LLC now owns 295,861 shares of the company’s stock worth $6,323,000 after acquiring an additional 292,963 shares during the last quarter.

Shares of SIVR stock opened at $22.10 on Friday. The business has a fifty day moving average of $22.34 and a 200 day moving average of $23.00. Aberdeen Standard Physical Silver Shares ETF has a 1 year low of $20.63 and a 1 year high of $29.06.

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.

Recommended Story: Breakout Stocks

Institutional Ownership by Quarter for Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR)

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.