Avior Wealth Management LLC Buys 79,525 Shares of Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR)

Avior Wealth Management LLC raised its stake in Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR) by 1,893.9% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 83,724 shares of the company’s stock after acquiring an additional 79,525 shares during the period. Avior Wealth Management LLC’s holdings in Aberdeen Standard Physical Silver Shares ETF were worth $1,906,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in SIVR. Raymond James & Associates grew its position in shares of Aberdeen Standard Physical Silver Shares ETF by 39.2% in the 1st quarter. Raymond James & Associates now owns 44,057 shares of the company’s stock valued at $1,051,000 after buying an additional 12,402 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in shares of Aberdeen Standard Physical Silver Shares ETF during the 1st quarter valued at about $290,000. Private Advisor Group LLC bought a new stake in shares of Aberdeen Standard Physical Silver Shares ETF during the 1st quarter valued at about $213,000. Bank of Montreal Can bought a new stake in shares of Aberdeen Standard Physical Silver Shares ETF during the 1st quarter valued at about $391,000. Finally, Cetera Investment Advisers boosted its position in shares of Aberdeen Standard Physical Silver Shares ETF by 12.5% during the 1st quarter. Cetera Investment Advisers now owns 47,680 shares of the company’s stock valued at $1,137,000 after purchasing an additional 5,310 shares in the last quarter.

Aberdeen Standard Physical Silver Shares ETF Stock Performance

Shares of Aberdeen Standard Physical Silver Shares ETF stock opened at $27.48 on Wednesday. Aberdeen Standard Physical Silver Shares ETF has a one year low of $19.83 and a one year high of $28.50. The stock’s 50-day moving average is $23.56 and its 200 day moving average is $22.66.

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.