Gradient Investments LLC Grows Holdings in Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR)

Gradient Investments LLC lifted its position in shares of Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR) by 47.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 254,885 shares of the company’s stock after acquiring an additional 82,022 shares during the quarter. Gradient Investments LLC owned 0.54% of Aberdeen Standard Physical Silver Shares ETF worth $7,027,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. MML Investors Services LLC grew its holdings in Aberdeen Standard Physical Silver Shares ETF by 61.8% in the third quarter. MML Investors Services LLC now owns 15,343 shares of the company’s stock valued at $456,000 after purchasing an additional 5,862 shares during the period. Empowered Funds LLC purchased a new stake in Aberdeen Standard Physical Silver Shares ETF in the 3rd quarter worth $763,000. Cerity Partners LLC raised its position in Aberdeen Standard Physical Silver Shares ETF by 14.0% during the third quarter. Cerity Partners LLC now owns 20,977 shares of the company’s stock worth $624,000 after acquiring an additional 2,584 shares during the period. Assetmark Inc. purchased a new position in Aberdeen Standard Physical Silver Shares ETF during the third quarter valued at $27,000. Finally, JPMorgan Chase & Co. grew its position in shares of Aberdeen Standard Physical Silver Shares ETF by 1.2% in the third quarter. JPMorgan Chase & Co. now owns 180,221 shares of the company’s stock valued at $5,362,000 after purchasing an additional 2,133 shares during the period.

Aberdeen Standard Physical Silver Shares ETF Stock Performance

SIVR opened at $29.22 on Friday. Aberdeen Standard Physical Silver Shares ETF has a twelve month low of $21.05 and a twelve month high of $33.31. The company has a 50-day moving average price of $28.96 and a 200 day moving average price of $28.99.

About Aberdeen Standard Physical Silver Shares ETF

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.