AE Wealth Management LLC Raises Stake in abrdn Physical Silver Shares ETF $SIVR

AE Wealth Management LLC lifted its holdings in abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 125.5% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 16,899 shares of the company’s stock after acquiring an additional 9,405 shares during the quarter. AE Wealth Management LLC’s holdings in abrdn Physical Silver Shares ETF were worth $581,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its holdings in shares of abrdn Physical Silver Shares ETF by 12.3% in the first quarter. Envestnet Asset Management Inc. now owns 153,564 shares of the company’s stock worth $4,992,000 after purchasing an additional 16,864 shares during the last quarter. Sigma Planning Corp purchased a new position in shares of abrdn Physical Silver Shares ETF during the 1st quarter worth approximately $208,000. Private Advisor Group LLC raised its position in shares of abrdn Physical Silver Shares ETF by 23.1% in the 1st quarter. Private Advisor Group LLC now owns 14,254 shares of the company’s stock worth $463,000 after acquiring an additional 2,675 shares in the last quarter. AMG National Trust Bank lifted its stake in shares of abrdn Physical Silver Shares ETF by 17.6% in the 1st quarter. AMG National Trust Bank now owns 571,191 shares of the company’s stock valued at $18,569,000 after purchasing an additional 85,668 shares during the period. Finally, WT Wealth Management lifted its stake in shares of abrdn Physical Silver Shares ETF by 19.4% in the 1st quarter. WT Wealth Management now owns 57,053 shares of the company’s stock valued at $1,855,000 after purchasing an additional 9,270 shares during the period.

abrdn Physical Silver Shares ETF Stock Performance

Shares of SIVR stock opened at $48.22 on Friday. The company’s fifty day moving average price is $45.12 and its 200-day moving average price is $38.28. abrdn Physical Silver Shares ETF has a 12 month low of $27.45 and a 12 month high of $51.65.

abrdn Physical Silver Shares ETF Company 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.