HighTower Advisors LLC Trims Stock Position in Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR)

HighTower Advisors LLC lowered its position in shares of Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR) by 0.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 574,662 shares of the company’s stock after selling 2,930 shares during the period. HighTower Advisors LLC’s holdings in Aberdeen Standard Physical Silver Shares ETF were worth $15,843,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of SIVR. Assetmark Inc. purchased a new position in Aberdeen Standard Physical Silver Shares ETF in the 3rd quarter worth approximately $27,000. Steward Partners Investment Advisory LLC grew its stake in Aberdeen Standard Physical Silver Shares ETF by 138.4% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,006 shares of the company’s stock worth $28,000 after buying an additional 584 shares in the last quarter. Mather Group LLC. purchased a new position in Aberdeen Standard Physical Silver Shares ETF in the 4th quarter worth approximately $180,000. Capital Wealth Alliance LLC grew its stake in Aberdeen Standard Physical Silver Shares ETF by 6.4% in the 4th quarter. Capital Wealth Alliance LLC now owns 7,457 shares of the company’s stock worth $206,000 after buying an additional 446 shares in the last quarter. Finally, Strategic Financial Concepts LLC purchased a new position in Aberdeen Standard Physical Silver Shares ETF in the 4th quarter worth approximately $208,000.

Aberdeen Standard Physical Silver Shares ETF Price Performance

SIVR stock opened at $32.18 on Friday. Aberdeen Standard Physical Silver Shares ETF has a one year low of $23.33 and a one year high of $33.31. The firm has a 50 day simple moving average of $30.11 and a two-hundred day simple moving average of $29.71.

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.