Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR) Shares Gap Up to $25.34

Shares of Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR) gapped up prior to trading on Monday . The stock had previously closed at $25.34, but opened at $26.16. Aberdeen Standard Physical Silver Shares ETF shares last traded at $26.08, with a volume of 266,275 shares.

Aberdeen Standard Physical Silver Shares ETF Price Performance

The company’s 50 day moving average is $24.87 and its 200-day moving average is $23.19.

Institutional Investors Weigh In On Aberdeen Standard Physical Silver Shares ETF

Institutional investors have recently modified their holdings of the stock. Cullen Frost Bankers Inc. bought a new stake in shares of Aberdeen Standard Physical Silver Shares ETF in the third quarter worth approximately $47,000. Blue Trust Inc. lifted its holdings in shares of 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 buying an additional 1,154 shares during the period. Sachetta LLC purchased a new position in shares of Aberdeen Standard Physical Silver Shares ETF in the 4th quarter worth $80,000. Pineridge Advisors LLC bought a new stake in shares of Aberdeen Standard Physical Silver Shares ETF in the fourth quarter worth $82,000. Finally, Geneos Wealth Management Inc. lifted its holdings in Aberdeen Standard Physical Silver Shares ETF by 86.4% in the first quarter. Geneos Wealth Management Inc. now owns 3,728 shares of the company’s stock valued at $89,000 after acquiring an additional 1,728 shares during the period.

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.