Assetmark Inc. Raises Stock Holdings in abrdn Physical Silver Shares ETF $SIVR

Assetmark Inc. raised its position in abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 386.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 102,825 shares of the company’s stock after buying an additional 81,696 shares during the quarter. Assetmark Inc. owned approximately 0.13% of abrdn Physical Silver Shares ETF worth $6,955,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SIVR. Wilmington Savings Fund Society FSB lifted its stake in 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 buying an additional 393 shares during the last quarter. AdvisorNet Financial Inc raised its stake in shares of abrdn Physical Silver Shares ETF by 48.1% during the third quarter. AdvisorNet Financial Inc now owns 1,189 shares of the company’s stock worth $53,000 after purchasing an additional 386 shares during the last quarter. Comerica Bank grew its holdings in abrdn Physical Silver Shares ETF by 37.5% during the third quarter. Comerica Bank now owns 2,409 shares of the company’s stock worth $107,000 after acquiring an additional 657 shares during the period. Advisory Services Network LLC acquired a new position in abrdn Physical Silver Shares ETF during the third quarter worth $112,000. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in abrdn Physical Silver Shares ETF by 268.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,822 shares of the company’s stock worth $132,000 after acquiring an additional 2,786 shares during the period.

abrdn Physical Silver Shares ETF Stock Up 3.3%

Shares of SIVR stock opened at $77.32 on Friday. The business’s fifty day moving average price is $75.00 and its 200 day moving average price is $66.53. abrdn Physical Silver Shares ETF has a 1-year low of $30.34 and a 1-year high of $115.26.

abrdn Physical Silver Shares ETF 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.