Capital Management Associates Inc Reduces Stake in abrdn Physical Silver Shares ETF $SIVR

Capital Management Associates Inc decreased its position in shares of abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 11.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 307,951 shares of the company’s stock after selling 39,112 shares during the quarter. abrdn Physical Silver Shares ETF accounts for 3.7% of Capital Management Associates Inc’s portfolio, making the stock its 7th largest position. Capital Management Associates Inc owned about 0.43% of abrdn Physical Silver Shares ETF worth $13,698,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Royal Bank of Canada lifted its position in abrdn Physical Silver Shares ETF by 2.0% in the 1st quarter. Royal Bank of Canada now owns 180,144 shares of the company’s stock valued at $5,857,000 after acquiring an additional 3,465 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of abrdn Physical Silver Shares ETF by 11.7% during the first quarter. NewEdge Advisors LLC now owns 114,083 shares of the company’s stock valued at $3,709,000 after purchasing an additional 11,982 shares in the last quarter. Jones Financial Companies Lllp boosted its position in shares of abrdn Physical Silver Shares ETF by 48.3% during the first quarter. Jones Financial Companies Lllp now owns 84,008 shares of the company’s stock valued at $2,731,000 after buying an additional 27,348 shares during the last quarter. Hamilton Capital LLC boosted its position in shares of abrdn Physical Silver Shares ETF by 5.5% during the first quarter. Hamilton Capital LLC now owns 8,090 shares of the company’s stock valued at $263,000 after buying an additional 422 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its holdings in abrdn Physical Silver Shares ETF by 45.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 6,181 shares of the company’s stock worth $201,000 after buying an additional 1,922 shares in the last quarter.

abrdn Physical Silver Shares ETF Price Performance

Shares of NYSEARCA:SIVR opened at $72.51 on Tuesday. The business has a 50-day simple moving average of $55.87 and a two-hundred day simple moving average of $45.19. abrdn Physical Silver Shares ETF has a fifty-two week low of $27.86 and a fifty-two week high of $74.75.

About abrdn Physical Silver Shares ETF

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.