Prospera Financial Services Inc Has $1.82 Million Position in abrdn Physical Silver Shares ETF $SIVR

Prospera Financial Services Inc increased its position in shares of abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 138.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,879 shares of the company’s stock after acquiring an additional 15,620 shares during the period. Prospera Financial Services Inc’s holdings in abrdn Physical Silver Shares ETF were worth $1,818,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of SIVR. Wilmington Savings Fund Society FSB raised its holdings in shares of abrdn Physical Silver Shares ETF by 245.6% during the third quarter. Wilmington Savings Fund Society FSB now owns 553 shares of the company’s stock worth $25,000 after acquiring an additional 393 shares in the last quarter. Creative Financial Designs Inc. ADV raised its holdings in shares of abrdn Physical Silver Shares ETF by 110.0% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 882 shares of the company’s stock worth $60,000 after acquiring an additional 462 shares in the last quarter. Comerica Bank raised its holdings in shares of abrdn Physical Silver Shares ETF by 37.5% during the third quarter. Comerica Bank now owns 2,409 shares of the company’s stock worth $107,000 after acquiring an additional 657 shares in the last quarter. Advisory Services Network LLC purchased a new stake in shares of abrdn Physical Silver Shares ETF during the third quarter worth $112,000. Finally, Laurel Wealth Advisors LLC purchased a new stake in shares of abrdn Physical Silver Shares ETF during the fourth quarter worth $118,000.

Trending Headlines about abrdn Physical Silver Shares ETF

Here are the key news stories impacting abrdn Physical Silver Shares ETF this week:

• Positive Sentiment: Some longer-term commentary remains constructive on precious metals, with one strategist arguing gold’s secular bull market is still intact, and a separate Bank of America note saying silver could reach $100 an ounce this year, even if the move may not last. Article Title Article Title
• Neutral Sentiment: Record bullion demand from the Royal Mint suggests underlying investor interest in precious metals remains strong, even though near-term price action has been choppy. Article Title
• Neutral Sentiment: Market forecasts say silver is holding near technical support, but traders remain focused on inflation data, Fed expectations, and Middle East developments for the next directional move. Article Title
• Negative Sentiment: Multiple updates point to weaker silver prices after a firmer U.S. dollar, hawkish central bank expectations, and reduced geopolitical risk premiums, all of which tend to pressure silver and SIVR. Article Title Article Title Article Title
• Negative Sentiment: Analysts also flagged rising inflation and shifting rate expectations as headwinds for precious metals, while technical reports describe silver’s short-term structure as neutral-to-bearish. Article Title Article Title

abrdn Physical Silver Shares ETF Trading Down 3.1%

Shares of NYSEARCA:SIVR opened at $70.93 on Thursday. The business has a fifty day simple moving average of $72.12 and a 200 day simple moving average of $71.60. abrdn Physical Silver Shares ETF has a 1 year low of $31.24 and a 1 year 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.