Raymond James Financial Services Advisors Inc. Sells 76,297 Shares of Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR)

Raymond James Financial Services Advisors Inc. cut its stake in Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVRGet Rating) by 50.5% in the 3rd quarter, Holdings Channel.com reports. The fund owned 74,882 shares of the company’s stock after selling 76,297 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Aberdeen Standard Physical Silver Shares ETF were worth $1,368,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of SIVR. Raymond James & Associates increased its position in shares of Aberdeen Standard Physical Silver Shares ETF by 39.2% in the first quarter. Raymond James & Associates now owns 44,057 shares of the company’s stock worth $1,051,000 after purchasing an additional 12,402 shares during the period. Bank of New York Mellon Corp acquired a new stake in Aberdeen Standard Physical Silver Shares ETF during the first quarter worth about $290,000. Private Advisor Group LLC bought a new position in Aberdeen Standard Physical Silver Shares ETF in the 1st quarter valued at about $213,000. Bank of Montreal Can acquired a new position in shares of Aberdeen Standard Physical Silver Shares ETF in the 1st quarter valued at approximately $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 worth $1,137,000 after acquiring an additional 5,310 shares in the last quarter.

Aberdeen Standard Physical Silver Shares ETF Stock Performance

Shares of SIVR opened at $22.93 on Friday. The firm has a 50 day simple moving average of $22.03 and a two-hundred day simple moving average of $19.81. Aberdeen Standard Physical Silver Shares ETF has a one year low of $16.89 and a one year high of $25.95.

About Aberdeen Standard Physical Silver Shares ETF

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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.

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Want to see what other hedge funds are holding SIVR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVRGet Rating).

Institutional Ownership by Quarter for Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR)

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