Paul R. Ried Financial Group LLC Makes New Investment in Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR)

Paul R. Ried Financial Group LLC purchased a new stake in Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 37,190 shares of the company’s stock, valued at approximately $1,025,000. Aberdeen Standard Physical Silver Shares ETF comprises 0.7% of Paul R. Ried Financial Group LLC’s portfolio, making the stock its 19th largest holding.

Several other institutional investors and hedge funds have also modified their holdings of SIVR. AMG National Trust Bank raised its position in shares of Aberdeen Standard Physical Silver Shares ETF by 25.7% in the 3rd quarter. AMG National Trust Bank now owns 426,974 shares of the company’s stock valued at $12,702,000 after buying an additional 87,348 shares in the last quarter. Quadrature Capital Ltd bought a new stake in Aberdeen Standard Physical Silver Shares ETF during the third quarter valued at $11,404,000. Bank of Montreal Can acquired a new stake in shares of Aberdeen Standard Physical Silver Shares ETF during the 3rd quarter worth approximately $10,597,000. Capital Management Associates Inc grew its holdings in Aberdeen Standard Physical Silver Shares ETF by 2.3% in the third quarter. Capital Management Associates Inc now owns 340,569 shares of the company’s stock worth $10,132,000 after purchasing an additional 7,742 shares during the period. Finally, Benjamin Edwards Inc. grew its stake in Aberdeen Standard Physical Silver Shares ETF by 2,924.9% in the third quarter. Benjamin Edwards Inc. now owns 310,140 shares of the company’s stock valued at $9,226,000 after acquiring an additional 299,887 shares during the period.

Aberdeen Standard Physical Silver Shares ETF Stock Up 0.6 %

Aberdeen Standard Physical Silver Shares ETF stock opened at $30.03 on Tuesday. Aberdeen Standard Physical Silver Shares ETF has a 1-year low of $21.05 and a 1-year high of $33.31. The firm’s fifty day moving average price is $28.94 and its two-hundred day moving average price is $28.98.

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.