Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR) Shares Gap Down to $27.44

Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $27.44, but opened at $26.10. Aberdeen Standard Physical Silver Shares ETF shares last traded at $26.29, with a volume of 980,253 shares.

Aberdeen Standard Physical Silver Shares ETF Price Performance

The company’s fifty day moving average is $24.09 and its two-hundred day moving average is $22.89.

Hedge Funds Weigh In On Aberdeen Standard Physical Silver Shares ETF

Several hedge funds have recently bought and sold shares of SIVR. AE Wealth Management LLC increased its stake in Aberdeen Standard Physical Silver Shares ETF by 7.0% during the 3rd quarter. AE Wealth Management LLC now owns 26,263 shares of the company’s stock worth $558,000 after buying an additional 1,708 shares during the period. Avior Wealth Management LLC acquired a new stake in shares of Aberdeen Standard Physical Silver Shares ETF in the third quarter valued at $89,000. WASHINGTON TRUST Co boosted its holdings in Aberdeen Standard Physical Silver Shares ETF by 37.4% in the third quarter. WASHINGTON TRUST Co now owns 7,900 shares of the company’s stock valued at $168,000 after purchasing an additional 2,150 shares during the period. Apeiron RIA LLC grew its stake in Aberdeen Standard Physical Silver Shares ETF by 4.8% during the 3rd quarter. Apeiron RIA LLC now owns 55,258 shares of the company’s stock worth $1,175,000 after purchasing an additional 2,513 shares in the last quarter. Finally, Vicus Capital raised its position in Aberdeen Standard Physical Silver Shares ETF by 3.8% in the 3rd quarter. Vicus Capital now owns 12,712 shares of the company’s stock valued at $270,000 after purchasing an additional 469 shares in the last quarter.

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.