Copley Financial Group Inc. Trims Holdings in abrdn Physical Silver Shares ETF $SIVR

Copley Financial Group Inc. lowered its stake in shares of abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 80.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,480 shares of the company’s stock after selling 78,433 shares during the quarter. abrdn Physical Silver Shares ETF makes up about 0.8% of Copley Financial Group Inc.’s investment portfolio, making the stock its 20th largest holding. Copley Financial Group Inc.’s holdings in abrdn Physical Silver Shares ETF were worth $1,395,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in SIVR. Kohmann Bosshard Financial Services LLC bought a new position in abrdn Physical Silver Shares ETF during the 1st quarter valued at $27,000. Archer Investment Corp acquired a new position in abrdn Physical Silver Shares ETF during the 1st quarter worth $28,000. Sankala Group LLC bought a new stake in shares of abrdn Physical Silver Shares ETF in the 4th quarter worth about $34,000. FLP Wealth Management LLC increased its position in shares of 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 purchasing an additional 163 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB raised its stake in shares of abrdn Physical Silver Shares ETF by 245.6% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 553 shares of the company’s stock valued at $25,000 after purchasing an additional 393 shares in the last quarter.

abrdn Physical Silver Shares ETF Stock Performance

Shares of abrdn Physical Silver Shares ETF stock opened at $55.64 on Tuesday. abrdn Physical Silver Shares ETF has a 1 year low of $34.74 and a 1 year high of $115.26. The firm’s 50-day simple moving average is $61.81 and its 200-day simple moving average is $72.18.

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.