Sowell Financial Services LLC Decreases Holdings in Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR)

Sowell Financial Services LLC cut its holdings in shares of Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR) by 52.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 80,130 shares of the company’s stock after selling 87,191 shares during the quarter. Sowell Financial Services LLC owned 0.17% of Aberdeen Standard Physical Silver Shares ETF worth $2,209,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Assetmark Inc. bought a new stake in Aberdeen Standard Physical Silver Shares ETF in the third quarter valued at $27,000. Steward Partners Investment Advisory LLC boosted its holdings in Aberdeen Standard Physical Silver Shares ETF by 138.4% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,006 shares of the company’s stock valued at $28,000 after acquiring an additional 584 shares in the last quarter. Mather Group LLC. purchased a new position in Aberdeen Standard Physical Silver Shares ETF during the fourth quarter valued at $180,000. Capital Wealth Alliance LLC lifted its position in Aberdeen Standard Physical Silver Shares ETF by 6.4% during the fourth quarter. Capital Wealth Alliance LLC now owns 7,457 shares of the company’s stock valued at $206,000 after buying an additional 446 shares during the period. Finally, Farther Finance Advisors LLC lifted its position in Aberdeen Standard Physical Silver Shares ETF by 100.0% during the third quarter. Farther Finance Advisors LLC now owns 6,988 shares of the company’s stock valued at $208,000 after buying an additional 3,494 shares during the period.

Aberdeen Standard Physical Silver Shares ETF Price Performance

Shares of Aberdeen Standard Physical Silver Shares ETF stock opened at $31.01 on Monday. The business has a fifty day simple moving average of $29.74 and a two-hundred day simple moving average of $29.60. Aberdeen Standard Physical Silver Shares ETF has a 12 month low of $22.98 and a 12 month high of $33.31.

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.