Commonwealth Equity Services LLC lifted its position in abrdn Physical Silver Shares ETF (NYSEARCA:SIVR – Free Report) by 8.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 287,889 shares of the company’s stock after acquiring an additional 21,530 shares during the quarter. Commonwealth Equity Services LLC owned 0.40% of abrdn Physical Silver Shares ETF worth $12,805,000 as of its most recent SEC filing.
A number of other hedge funds also recently added to or reduced their stakes in the business. Royal Bank of Canada lifted its position in shares of abrdn Physical Silver Shares ETF by 2.0% during the first quarter. Royal Bank of Canada now owns 180,144 shares of the company’s stock valued at $5,857,000 after buying an additional 3,465 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in shares of abrdn Physical Silver Shares ETF by 45.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 6,181 shares of the company’s stock worth $201,000 after acquiring an additional 1,922 shares in the last quarter. Gradient Investments LLC lifted its position in abrdn Physical Silver Shares ETF by 7.4% during the second quarter. Gradient Investments LLC now owns 261,689 shares of the company’s stock valued at $9,005,000 after acquiring an additional 17,962 shares during the last quarter. Focus Financial Network Inc. boosted its stake in abrdn Physical Silver Shares ETF by 4.8% in the second quarter. Focus Financial Network Inc. now owns 11,054 shares of the company’s stock valued at $380,000 after acquiring an additional 504 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in abrdn Physical Silver Shares ETF by 18.9% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 45,900 shares of the company’s stock valued at $1,612,000 after acquiring an additional 7,311 shares in the last quarter.
abrdn Physical Silver Shares ETF Stock Up 3.8%
Shares of SIVR stock opened at $75.99 on Friday. abrdn Physical Silver Shares ETF has a 12-month low of $27.86 and a 12-month high of $77.50. The business’s fifty day simple moving average is $58.24 and its 200-day simple moving average is $46.26.
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.
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