Avantax Advisory Services Inc. Has $422,000 Holdings in Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR)

Avantax Advisory Services Inc. trimmed its stake in shares of Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR) by 16.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,537 shares of the company’s stock after selling 3,591 shares during the period. Avantax Advisory Services Inc.’s holdings in Aberdeen Standard Physical Silver Shares ETF were worth $422,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Blue Trust Inc. raised its holdings in Aberdeen Standard Physical Silver Shares ETF by 50.7% during the 4th quarter. Blue Trust Inc. now owns 3,429 shares of the company’s stock worth $73,000 after purchasing an additional 1,154 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in Aberdeen Standard Physical Silver Shares ETF by 202.6% in the third quarter. PNC Financial Services Group Inc. now owns 7,082 shares of the company’s stock valued at $151,000 after acquiring an additional 4,742 shares during the last quarter. Nemes Rush Group LLC acquired a new stake in Aberdeen Standard Physical Silver Shares ETF during the 3rd quarter worth $155,000. Kingsview Wealth Management LLC bought a new stake in shares of Aberdeen Standard Physical Silver Shares ETF during the 3rd quarter valued at $205,000. Finally, Fortis Group Advisors LLC acquired a new position in shares of Aberdeen Standard Physical Silver Shares ETF in the 3rd quarter valued at $236,000.

Aberdeen Standard Physical Silver Shares ETF Stock Performance

NYSEARCA:SIVR opened at $29.52 on Thursday. The stock’s fifty day simple moving average is $26.09 and its 200-day simple moving average is $23.67. Aberdeen Standard Physical Silver Shares ETF has a 12-month low of $19.83 and a 12-month high of $30.93.

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.