Waverly Advisors LLC Invests $2.99 Million in abrdn Physical Silver Shares ETF $SIVR

Waverly Advisors LLC bought a new position in abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 41,790 shares of the company’s stock, valued at approximately $2,993,000. Waverly Advisors LLC owned about 0.06% of abrdn Physical Silver Shares ETF at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Assetmark Inc. lifted its position in abrdn Physical Silver Shares ETF by 386.7% in the fourth quarter. Assetmark Inc. now owns 102,825 shares of the company’s stock valued at $6,955,000 after purchasing an additional 81,696 shares during the last quarter. Seeds Investor LLC grew its holdings in shares of abrdn Physical Silver Shares ETF by 17.4% in the fourth quarter. Seeds Investor LLC now owns 77,994 shares of the company’s stock worth $5,276,000 after purchasing an additional 11,556 shares during the last quarter. Ervin Investment Management LLC purchased a new position in shares of abrdn Physical Silver Shares ETF in the fourth quarter worth $9,935,000. Cardinal Strategic Wealth Guidance bought a new stake in abrdn Physical Silver Shares ETF during the 4th quarter valued at $2,511,000. Finally, PFG Investments LLC bought a new stake in abrdn Physical Silver Shares ETF during the 4th quarter valued at $639,000.

abrdn Physical Silver Shares ETF Price Performance

Shares of SIVR opened at $54.43 on Thursday. abrdn Physical Silver Shares ETF has a twelve month low of $34.74 and a twelve month high of $115.26. The firm has a fifty day simple moving average of $61.13 and a two-hundred day simple moving average of $71.90.

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.