Global Wealth Management LLC Invests $718,000 in Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR)

Global Wealth Management LLC acquired a new stake in Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 26,053 shares of the company’s stock, valued at approximately $718,000. Aberdeen Standard Physical Silver Shares ETF makes up about 0.5% of Global Wealth Management LLC’s portfolio, making the stock its 19th biggest holding. Global Wealth Management LLC owned 0.06% of Aberdeen Standard Physical Silver Shares ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AMG National Trust Bank grew 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 in the last quarter. Quadrature Capital Ltd bought a new position in Aberdeen Standard Physical Silver Shares ETF in the third quarter valued at $11,404,000. Bank of Montreal Can acquired a new stake in Aberdeen Standard Physical Silver Shares ETF in the 3rd quarter valued at $10,597,000. Capital Management Associates Inc grew its holdings in shares of Aberdeen Standard Physical Silver Shares ETF by 2.3% in the 3rd quarter. Capital Management Associates Inc now owns 340,569 shares of the company’s stock valued at $10,132,000 after acquiring an additional 7,742 shares in the last quarter. Finally, Benjamin Edwards Inc. grew its stake 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 valued at $9,226,000 after purchasing an additional 299,887 shares in the last quarter.

Aberdeen Standard Physical Silver Shares ETF Price Performance

NYSEARCA SIVR opened at $28.94 on Monday. Aberdeen Standard Physical Silver Shares ETF has a 12 month low of $21.00 and a 12 month high of $33.31. The stock has a 50 day moving average of $28.96 and a 200-day moving average of $28.99.

Aberdeen Standard Physical Silver Shares ETF 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.