Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR) Sees Large Volume Increase – What’s Next?

Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR) saw unusually-strong trading volume on Tuesday . Approximately 298,707 shares were traded during trading, a decline of 15% from the previous session’s volume of 352,825 shares.The stock last traded at $28.83 and had previously closed at $28.55.

Aberdeen Standard Physical Silver Shares ETF Stock Performance

The firm’s 50 day simple moving average is $29.36 and its 200 day simple moving average is $28.94.

Hedge Funds Weigh In On Aberdeen Standard Physical Silver Shares ETF

Several institutional investors and hedge funds have recently modified their holdings of SIVR. Brown Financial Advisors acquired a new stake in Aberdeen Standard Physical Silver Shares ETF during the second quarter worth about $27,000. Assetmark Inc. purchased a new position in shares of Aberdeen Standard Physical Silver Shares ETF during the 3rd quarter valued at approximately $27,000. Ashton Thomas Private Wealth LLC purchased a new stake in Aberdeen Standard Physical Silver Shares ETF during the second quarter worth $88,000. Mattson Financial Services LLC acquired a new position in shares of Aberdeen Standard Physical Silver Shares ETF in the second quarter worth about $128,000. Finally, Anson Capital Inc. acquired a new stake in shares of Aberdeen Standard Physical Silver Shares ETF during the 2nd quarter valued at about $206,000.

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.