Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR) Sees Large Volume Increase – What’s Next?

Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR) saw strong trading volume on Tuesday . 298,707 shares changed hands during trading, a decline of 15% from the previous session’s volume of 352,825 shares.The stock last traded at $28.83 and had previously closed at $28.55.

Aberdeen Standard Physical Silver Shares ETF Trading Up 0.3 %

The firm’s fifty day moving average price is $29.21 and its two-hundred day moving average price is $28.95.

Institutional Trading of Aberdeen Standard Physical Silver Shares ETF

A number of hedge funds have recently bought and sold shares of the company. AMG National Trust Bank boosted its stake in shares of Aberdeen Standard Physical Silver Shares ETF by 25.7% during the 3rd quarter. AMG National Trust Bank now owns 426,974 shares of the company’s stock worth $12,702,000 after acquiring an additional 87,348 shares during the last quarter. Quadrature Capital Ltd bought a new position in Aberdeen Standard Physical Silver Shares ETF in the 3rd quarter worth $11,404,000. Bank of Montreal Can purchased a new position in Aberdeen Standard Physical Silver Shares ETF during the third quarter valued at $10,597,000. Capital Management Associates Inc grew its holdings in Aberdeen Standard Physical Silver Shares ETF by 2.3% during the third quarter. Capital Management Associates Inc now owns 340,569 shares of the company’s stock valued at $10,132,000 after purchasing an additional 7,742 shares during the period. Finally, Benjamin Edwards Inc. increased its position in Aberdeen Standard Physical Silver Shares ETF by 2,924.9% in the third quarter. Benjamin Edwards Inc. now owns 310,140 shares of the company’s stock worth $9,226,000 after buying an additional 299,887 shares in the last quarter.

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.