Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR) saw unusually-high trading volume on Monday . Approximately 902,130 shares were traded during trading, an increase of 80% from the previous session’s volume of 502,469 shares.The stock last traded at $29.96 and had previously closed at $29.86.

Aberdeen Standard Physical Silver Shares ETF Trading Up 0.5 %

The stock’s fifty day moving average price is $28.99 and its 200 day moving average price is $29.01.

Hedge Funds Weigh In On Aberdeen Standard Physical Silver Shares ETF

A number of hedge funds have recently bought and sold shares of SIVR. WT Wealth Management raised its position in Aberdeen Standard Physical Silver Shares ETF by 108.5% in the 4th quarter. WT Wealth Management now owns 47,783 shares of the company’s stock worth $1,317,000 after buying an additional 24,863 shares during the last quarter. New York Life Investment Management LLC purchased a new position in Aberdeen Standard Physical Silver Shares ETF in the 4th quarter worth about $238,000. Sprott Inc. raised its position in Aberdeen Standard Physical Silver Shares ETF by 20.0% in the 4th quarter. Sprott Inc. now owns 14,763 shares of the company’s stock worth $407,000 after buying an additional 2,460 shares during the last quarter. Acorn Wealth Advisors LLC raised its position in Aberdeen Standard Physical Silver Shares ETF by 9.2% in the 4th quarter. Acorn Wealth Advisors LLC now owns 29,142 shares of the company’s stock worth $803,000 after buying an additional 2,449 shares during the last quarter. Finally, Systelligence LLC raised its position in Aberdeen Standard Physical Silver Shares ETF by 3.4% in the 4th quarter. Systelligence LLC now owns 309,471 shares of the company’s stock worth $8,532,000 after buying an additional 10,092 shares during the last quarter.

About Aberdeen Standard Physical Silver Shares ETF

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.