Concurrent Investment Advisors LLC Reduces Position in Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR)

Concurrent Investment Advisors LLC cut its holdings in shares of Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR) by 3.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 47,934 shares of the company’s stock after selling 1,727 shares during the quarter. Concurrent Investment Advisors LLC owned approximately 0.10% of Aberdeen Standard Physical Silver Shares ETF worth $1,322,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Systelligence LLC increased its position in shares of Aberdeen Standard Physical Silver Shares ETF by 3.4% during the fourth quarter. Systelligence LLC now owns 309,471 shares of the company’s stock valued at $8,532,000 after buying an additional 10,092 shares during the period. Strategic Financial Concepts LLC bought a new position in shares of Aberdeen Standard Physical Silver Shares ETF in the fourth quarter worth approximately $208,000. Blue Trust Inc. increased its position in shares of Aberdeen Standard Physical Silver Shares ETF by 16.9% in the fourth quarter. Blue Trust Inc. now owns 11,180 shares of the company’s stock worth $308,000 after purchasing an additional 1,613 shares during the last quarter. Vicus Capital increased its position in shares of Aberdeen Standard Physical Silver Shares ETF by 5.9% in the fourth quarter. Vicus Capital now owns 10,688 shares of the company’s stock worth $295,000 after purchasing an additional 595 shares during the last quarter. Finally, Capital Wealth Alliance LLC increased its position in shares of Aberdeen Standard Physical Silver Shares ETF by 6.4% in the fourth quarter. Capital Wealth Alliance LLC now owns 7,457 shares of the company’s stock worth $206,000 after purchasing an additional 446 shares during the last quarter.

Aberdeen Standard Physical Silver Shares ETF Stock Performance

SIVR stock opened at $31.03 on Friday. The company’s 50 day moving average is $29.32 and its 200 day moving average is $29.32. Aberdeen Standard Physical Silver Shares ETF has a 1-year low of $21.39 and a 1-year high of $33.31.

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.