Cetera Investment Advisers Increases Stock Holdings in Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR)

Cetera Investment Advisers grew its position in Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR) by 11.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 172,943 shares of the company’s stock after purchasing an additional 17,929 shares during the period. Cetera Investment Advisers’ holdings in Aberdeen Standard Physical Silver Shares ETF were worth $4,768,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Blue Capital Inc. acquired a new stake in shares of Aberdeen Standard Physical Silver Shares ETF during the fourth quarter valued at $1,158,000. Captrust Financial Advisors boosted its stake in shares of Aberdeen Standard Physical Silver Shares ETF by 31.0% during the fourth quarter. Captrust Financial Advisors now owns 11,231 shares of the company’s stock valued at $310,000 after acquiring an additional 2,656 shares during the last quarter. Baird Financial Group Inc. boosted its stake in shares of Aberdeen Standard Physical Silver Shares ETF by 1.7% during the fourth quarter. Baird Financial Group Inc. now owns 29,496 shares of the company’s stock valued at $813,000 after acquiring an additional 482 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of Aberdeen Standard Physical Silver Shares ETF by 57.9% during the fourth quarter. Bank of America Corp DE now owns 858,806 shares of the company’s stock valued at $23,677,000 after acquiring an additional 314,793 shares during the last quarter. Finally, BNP Paribas Financial Markets acquired a new stake in shares of Aberdeen Standard Physical Silver Shares ETF during the fourth quarter valued at $73,000.

Aberdeen Standard Physical Silver Shares ETF Stock Down 2.4%

SIVR opened at $30.67 on Thursday. Aberdeen Standard Physical Silver Shares ETF has a 52 week low of $25.41 and a 52 week high of $33.31. The business’s fifty day simple moving average is $31.12 and its 200 day simple moving average is $30.17.

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.