AE Wealth Management LLC Grows Stock Holdings in abrdn Physical Silver Shares ETF $SIVR

AE Wealth Management LLC raised its position in abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 37.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 221,479 shares of the company’s stock after acquiring an additional 60,111 shares during the quarter. AE Wealth Management LLC owned approximately 0.28% of abrdn Physical Silver Shares ETF worth $14,981,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Wilmington Savings Fund Society FSB increased its position in shares of abrdn Physical Silver Shares ETF by 245.6% in the third quarter. Wilmington Savings Fund Society FSB now owns 553 shares of the company’s stock valued at $25,000 after acquiring an additional 393 shares during the period. AdvisorNet Financial Inc boosted its stake in shares of abrdn Physical Silver Shares ETF by 48.1% during the 3rd quarter. AdvisorNet Financial Inc now owns 1,189 shares of the company’s stock valued at $53,000 after purchasing an additional 386 shares in the last quarter. Comerica Bank boosted its stake in shares of abrdn Physical Silver Shares ETF by 37.5% during the 3rd quarter. Comerica Bank now owns 2,409 shares of the company’s stock valued at $107,000 after purchasing an additional 657 shares in the last quarter. Advisory Services Network LLC bought a new stake in shares of abrdn Physical Silver Shares ETF during the 3rd quarter valued at about $112,000. Finally, Global Retirement Partners LLC bought a new stake in shares of abrdn Physical Silver Shares ETF during the 3rd quarter valued at about $133,000.

abrdn Physical Silver Shares ETF Stock Up 3.3%

Shares of SIVR opened at $77.32 on Friday. The firm’s 50-day moving average price is $75.00 and its 200-day moving average price is $66.38. abrdn Physical Silver Shares ETF has a 1-year low of $30.34 and a 1-year high of $115.26.

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.