Optivise Advisory Services LLC Makes New $612,000 Investment in abrdn Physical Silver Shares ETF $SIVR

Optivise Advisory Services LLC purchased a new position in shares of abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 9,054 shares of the company’s stock, valued at approximately $612,000.

Several other hedge funds also recently modified their holdings of SIVR. Schaper Benz & Wise Investment Counsel Inc. WI grew its stake in shares of abrdn Physical Silver Shares ETF by 49.0% in the fourth quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 11,550 shares of the company’s stock worth $781,000 after acquiring an additional 3,800 shares during the last quarter. Archer Investment Management LLC acquired a new position in abrdn Physical Silver Shares ETF during the 4th quarter valued at $268,000. 180 Wealth Advisors LLC raised its stake in abrdn Physical Silver Shares ETF by 0.9% during the 4th quarter. 180 Wealth Advisors LLC now owns 164,812 shares of the company’s stock valued at $11,148,000 after purchasing an additional 1,495 shares during the last quarter. Gradient Investments LLC boosted its holdings in abrdn Physical Silver Shares ETF by 14.9% in the 4th quarter. Gradient Investments LLC now owns 462,030 shares of the company’s stock valued at $31,252,000 after purchasing an additional 59,890 shares during the period. Finally, Sincerus Advisory LLC bought a new stake in abrdn Physical Silver Shares ETF in the 4th quarter valued at $256,000.

abrdn Physical Silver Shares ETF Stock Performance

NYSEARCA SIVR opened at $68.49 on Thursday. The company’s fifty day moving average is $81.23 and its two-hundred day moving average is $62.99. abrdn Physical Silver Shares ETF has a 52-week low of $27.86 and a 52-week high of $115.26.

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