Systelligence LLC cut its stake in shares of abrdn Physical Silver Shares ETF (NYSEARCA:SIVR – Free Report) by 0.3% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 284,006 shares of the company’s stock after selling 750 shares during the quarter. abrdn Physical Silver Shares ETF accounts for about 1.8% of Systelligence LLC’s investment portfolio, making the stock its 20th largest holding. Systelligence LLC owned approximately 0.49% of abrdn Physical Silver Shares ETF worth $9,773,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors also recently bought and sold shares of the company. SouthState Corp purchased a new stake in abrdn Physical Silver Shares ETF during the 1st quarter valued at about $33,000. Trust Co. of Vermont purchased a new stake in abrdn Physical Silver Shares ETF in the 2nd quarter worth approximately $56,000. Janney Montgomery Scott LLC purchased a new stake in abrdn Physical Silver Shares ETF in the 2nd quarter worth approximately $212,000. Geneos Wealth Management Inc. lifted its holdings in abrdn Physical Silver Shares ETF by 45.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 6,181 shares of the company’s stock worth $201,000 after buying an additional 1,922 shares during the period. Finally, Sigma Planning Corp purchased a new stake in abrdn Physical Silver Shares ETF in the 1st quarter worth approximately $208,000.
abrdn Physical Silver Shares ETF Trading Down 4.4%
NYSEARCA SIVR opened at $49.30 on Friday. abrdn Physical Silver Shares ETF has a fifty-two week low of $27.45 and a fifty-two week high of $51.65. The stock has a 50 day simple moving average of $41.23 and a two-hundred day simple moving average of $35.99.
abrdn Physical Silver Shares ETF Company 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.
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