Perennial Investment Advisors LLC Makes New $1.03 Million Investment in abrdn Physical Silver Shares ETF $SIVR

Perennial Investment Advisors LLC purchased a new stake in shares of abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) in the third quarter, HoldingsChannel.com reports. The fund purchased 23,233 shares of the company’s stock, valued at approximately $1,033,000.

Several other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. grew its holdings in shares of abrdn Physical Silver Shares ETF by 243.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,966,410 shares of the company’s stock worth $265,386,000 after acquiring an additional 4,227,392 shares during the period. Bank of America Corp DE increased its stake in abrdn Physical Silver Shares ETF by 12.9% in the 2nd quarter. Bank of America Corp DE now owns 1,048,895 shares of the company’s stock valued at $36,092,000 after purchasing an additional 119,628 shares in the last quarter. AMG National Trust Bank raised its holdings in abrdn Physical Silver Shares ETF by 6.5% during the third quarter. AMG National Trust Bank now owns 627,337 shares of the company’s stock worth $27,904,000 after purchasing an additional 38,475 shares during the last quarter. Quadrature Capital Ltd raised its holdings in abrdn Physical Silver Shares ETF by 250.9% during the second quarter. Quadrature Capital Ltd now owns 506,714 shares of the company’s stock worth $17,431,000 after purchasing an additional 362,296 shares during the last quarter. Finally, Gradient Investments LLC boosted its position in abrdn Physical Silver Shares ETF by 53.7% during the third quarter. Gradient Investments LLC now owns 402,140 shares of the company’s stock worth $17,887,000 after purchasing an additional 140,451 shares in the last quarter.

abrdn Physical Silver Shares ETF Price Performance

abrdn Physical Silver Shares ETF stock opened at $79.80 on Friday. abrdn Physical Silver Shares ETF has a fifty-two week low of $27.86 and a fifty-two week high of $115.26. The stock’s fifty day moving average is $81.41 and its two-hundred day moving average is $59.51.

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. The sponsor of the Trust is ETF Securities USA LLC.