Cetera Investment Advisers Sells 56,345 Shares of abrdn Physical Silver Shares ETF $SIVR

Cetera Investment Advisers lowered its holdings in abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 14.7% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 326,591 shares of the company’s stock after selling 56,345 shares during the period. Cetera Investment Advisers owned approximately 0.45% of abrdn Physical Silver Shares ETF worth $23,387,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. 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 worth $25,000 after purchasing an additional 393 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new stake in abrdn Physical Silver Shares ETF during the first quarter valued at approximately $27,000. Archer Investment Corp purchased a new position in abrdn Physical Silver Shares ETF in the 1st quarter worth approximately $28,000. Sankala Group LLC purchased a new position in abrdn Physical Silver Shares ETF in the 4th quarter worth approximately $34,000. Finally, FLP Wealth Management LLC grew its stake in abrdn Physical Silver Shares ETF by 48.2% in the 1st quarter. FLP Wealth Management LLC now owns 501 shares of the company’s stock worth $36,000 after buying an additional 163 shares in the last quarter.

abrdn Physical Silver Shares ETF Price Performance

Shares of NYSEARCA:SIVR opened at $55.28 on Monday. The company’s fifty day moving average price is $62.16 and its 200-day moving average price is $72.33. abrdn Physical Silver Shares ETF has a one year low of $34.74 and a one 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.