Mirae Asset Global Investments Co. Ltd. Makes New $7.48 Million Investment in abrdn Physical Silver Shares ETF $SIVR

Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 130,522 shares of the company’s stock, valued at approximately $7,480,000. Mirae Asset Global Investments Co. Ltd. owned about 0.18% of abrdn Physical Silver Shares ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Western Wealth Management LLC increased its position in abrdn Physical Silver Shares ETF by 1.5% during the 1st quarter. Western Wealth Management LLC now owns 13,057 shares of the company’s stock valued at $935,000 after buying an additional 194 shares in the last quarter. Apeiron RIA LLC raised its holdings in abrdn Physical Silver Shares ETF by 0.5% in the 3rd quarter. Apeiron RIA LLC now owns 45,076 shares of the company’s stock worth $2,608,000 after purchasing an additional 216 shares during the period. PNC Financial Services Group Inc. raised its position 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 purchasing an additional 218 shares during the period. Peak Financial Management Inc. boosted its stake in abrdn Physical Silver Shares ETF by 6.4% in the 3rd quarter. Peak Financial Management Inc. now owns 4,204 shares of the company’s stock worth $241,000 after purchasing an additional 253 shares during the period. Finally, BIP Wealth LLC increased its holdings in shares of abrdn Physical Silver Shares ETF by 2.5% in the third quarter. BIP Wealth LLC now owns 15,054 shares of the company’s stock worth $863,000 after purchasing an additional 363 shares during the last quarter.

abrdn Physical Silver Shares ETF Stock Up 5.2%

abrdn Physical Silver Shares ETF stock opened at $49.61 on Thursday. The firm’s fifty day moving average is $57.65 and its 200 day moving average is $67.07. abrdn Physical Silver Shares ETF has a 52-week low of $45.38 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.