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

Sowell Financial Services LLC lowered its stake in shares of abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 26.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 66,881 shares of the company’s stock after selling 24,315 shares during the period. Sowell Financial Services LLC owned approximately 0.10% of abrdn Physical Silver Shares ETF worth $2,975,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. AdvisorNet Financial Inc raised its position in shares of abrdn Physical Silver Shares ETF by 48.1% in the 3rd quarter. AdvisorNet Financial Inc now owns 1,189 shares of the company’s stock worth $53,000 after buying an additional 386 shares during the period. CWM LLC increased its stake in abrdn Physical Silver Shares ETF by 0.7% during the third quarter. CWM LLC now owns 59,399 shares of the company’s stock worth $2,642,000 after acquiring an additional 398 shares during the last quarter. Kingsview Wealth Management LLC increased its stake in abrdn Physical Silver Shares ETF by 3.8% during the second quarter. Kingsview Wealth Management LLC now owns 11,449 shares of the company’s stock worth $394,000 after acquiring an additional 420 shares during the last quarter. Hamilton Capital LLC raised its holdings in shares of abrdn Physical Silver Shares ETF by 5.5% in the 1st quarter. Hamilton Capital LLC now owns 8,090 shares of the company’s stock worth $263,000 after purchasing an additional 422 shares during the period. Finally, Visionary Wealth Advisors lifted its stake in shares of abrdn Physical Silver Shares ETF by 5.6% in the 2nd quarter. Visionary Wealth Advisors now owns 9,472 shares of the company’s stock valued at $326,000 after purchasing an additional 503 shares in the last quarter.

abrdn Physical Silver Shares ETF Trading Up 9.0%

Shares of NYSEARCA:SIVR opened at $74.66 on Monday. The stock has a 50-day simple moving average of $53.09 and a 200-day simple moving average of $43.72. abrdn Physical Silver Shares ETF has a 1 year low of $27.47 and a 1 year high of $74.75.

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. The sponsor of the Trust is ETF Securities USA LLC.