abrdn Physical Silver Shares ETF $SIVR Stock Sold by Sowell Financial Services LLC

Sowell Financial Services LLC trimmed its stake in abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 34.2% in the third quarter, Holdings Channel.com reports. The firm owned 27,351 shares of the company’s stock after selling 14,188 shares during the quarter. Sowell Financial Services LLC’s holdings in abrdn Physical Silver Shares ETF were worth $1,567,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of SIVR. FLP Wealth Management LLC raised its stake in abrdn Physical Silver Shares ETF by 48.2% during the first quarter. FLP Wealth Management LLC now owns 501 shares of the company’s stock worth $36,000 after purchasing an additional 163 shares during the period. BKM Wealth Management LLC boosted its holdings in shares of abrdn Physical Silver Shares ETF by 3.7% in the 1st quarter. BKM Wealth Management LLC now owns 4,755 shares of the company’s stock valued at $341,000 after purchasing an additional 170 shares during the last quarter. Western Wealth Management LLC boosted its holdings in shares of abrdn Physical Silver Shares ETF by 1.5% in the 1st quarter. Western Wealth Management LLC now owns 13,057 shares of the company’s stock valued at $935,000 after purchasing an additional 194 shares during the last quarter. Apeiron RIA LLC grew its stake in shares of abrdn Physical Silver Shares ETF by 0.5% during the 3rd quarter. Apeiron RIA LLC now owns 45,076 shares of the company’s stock valued at $2,608,000 after buying an additional 216 shares during the period. Finally, PNC Financial Services Group Inc. grew its stake in shares of abrdn Physical Silver Shares ETF by 6.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 3,615 shares of the company’s stock valued at $259,000 after buying an additional 218 shares during the period.

abrdn Physical Silver Shares ETF Price Performance

Shares of NYSEARCA SIVR opened at $51.22 on Friday. The firm has a fifty day moving average of $59.95 and a 200-day moving average of $63.28. abrdn Physical Silver Shares ETF has a 52-week low of $43.85 and a 52-week high of $115.26.

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.