AlphaStar Capital Management LLC Invests $326,000 in abrdn Physical Silver Shares ETF $SIVR

AlphaStar Capital Management LLC bought a new position in shares of abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) during the second quarter, HoldingsChannel.com reports. The institutional investor bought 9,469 shares of the company’s stock, valued at approximately $326,000.

A number of other large investors also recently made changes to their positions in SIVR. SouthState Corp bought a new position in abrdn Physical Silver Shares ETF during the 1st quarter worth $33,000. Trust Co. of Vermont bought a new position in abrdn Physical Silver Shares ETF during the 2nd quarter worth $56,000. Geneos Wealth Management Inc. increased its stake in abrdn Physical Silver Shares ETF by 45.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 6,181 shares of the company’s stock worth $201,000 after acquiring an additional 1,922 shares during the period. Sigma Planning Corp bought a new position in abrdn Physical Silver Shares ETF during the 1st quarter worth $208,000. Finally, Total Investment Management Inc. bought a new position in abrdn Physical Silver Shares ETF during the 1st quarter worth $212,000.

abrdn Physical Silver Shares ETF Stock Down 0.8%

Shares of SIVR stock opened at $46.20 on Friday. The stock’s fifty day moving average price is $43.23 and its two-hundred day moving average price is $37.21. abrdn Physical Silver Shares ETF has a fifty-two week low of $27.45 and a fifty-two week high of $51.65.

About abrdn 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.