Sheets Smith Wealth Management Acquires 1,000 Shares of Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR)

Sheets Smith Wealth Management lifted its stake in Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR) by 4.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 21,726 shares of the company’s stock after purchasing an additional 1,000 shares during the quarter. Sheets Smith Wealth Management’s holdings in Aberdeen Standard Physical Silver Shares ETF were worth $495,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in SIVR. Cullen Frost Bankers Inc. bought a new stake in Aberdeen Standard Physical Silver Shares ETF in the third quarter worth $47,000. Blue Trust Inc. increased its stake in Aberdeen Standard Physical Silver Shares ETF by 50.7% during the 4th quarter. Blue Trust Inc. now owns 3,429 shares of the company’s stock valued at $73,000 after purchasing an additional 1,154 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in Aberdeen Standard Physical Silver Shares ETF by 202.6% in the third quarter. PNC Financial Services Group Inc. now owns 7,082 shares of the company’s stock worth $151,000 after buying an additional 4,742 shares during the last quarter. Nemes Rush Group LLC bought a new position in shares of Aberdeen Standard Physical Silver Shares ETF in the third quarter worth approximately $155,000. Finally, Kingsview Wealth Management LLC purchased a new stake in shares of Aberdeen Standard Physical Silver Shares ETF during the third quarter valued at approximately $205,000.

Aberdeen Standard Physical Silver Shares ETF Price Performance

NYSEARCA SIVR traded up $0.91 during mid-day trading on Monday, reaching $26.25. The stock had a trading volume of 987,648 shares, compared to its average volume of 1,158,717. Aberdeen Standard Physical Silver Shares ETF has a 1 year low of $19.83 and a 1 year high of $28.50. The company has a fifty day moving average price of $24.69 and a 200 day moving average price of $23.13.

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.