Private Advisor Group LLC Purchases 14,672 Shares of abrdn Physical Silver Shares ETF $SIVR

Private Advisor Group LLC increased its position in abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 28.7% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 65,855 shares of the company’s stock after acquiring an additional 14,672 shares during the quarter. Private Advisor Group LLC’s holdings in abrdn Physical Silver Shares ETF were worth $4,716,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SIVR. Bank of America Corp DE boosted its position in abrdn Physical Silver Shares ETF by 55.1% during the third quarter. Bank of America Corp DE now owns 1,627,112 shares of the company’s stock worth $72,374,000 after purchasing an additional 578,217 shares during the period. LPL Financial LLC lifted its stake in shares of abrdn Physical Silver Shares ETF by 22.5% during the 4th quarter. LPL Financial LLC now owns 1,209,495 shares of the company’s stock valued at $81,810,000 after buying an additional 221,859 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. boosted its holdings in abrdn Physical Silver Shares ETF by 76.7% in the 4th quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,060,062 shares of the company’s stock worth $73,083,000 after buying an additional 460,062 shares during the period. Tradewinds Capital Management LLC boosted its holdings in abrdn Physical Silver Shares ETF by 65,521.7% in the 4th quarter. Tradewinds Capital Management LLC now owns 696,246 shares of the company’s stock worth $47,094,000 after buying an additional 695,185 shares during the period. Finally, Guardian Point Capital LP grew its stake in abrdn Physical Silver Shares ETF by 58.3% in the 4th quarter. Guardian Point Capital LP now owns 475,000 shares of the company’s stock valued at $32,129,000 after buying an additional 175,000 shares in the last quarter.

abrdn Physical Silver Shares ETF Stock Performance

NYSEARCA:SIVR opened at $57.27 on Wednesday. abrdn Physical Silver Shares ETF has a 1 year low of $34.58 and a 1 year high of $115.26. The stock’s fifty day moving average price is $67.30 and its two-hundred day moving average price is $73.55.

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.