SMART Wealth LLC Sells 10,723 Shares of abrdn Physical Silver Shares ETF $SIVR

SMART Wealth LLC cut its holdings in shares of abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 13.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 68,240 shares of the company’s stock after selling 10,723 shares during the period. abrdn Physical Silver Shares ETF makes up approximately 1.4% of SMART Wealth LLC’s investment portfolio, making the stock its 18th largest holding. SMART Wealth LLC’s holdings in abrdn Physical Silver Shares ETF were worth $4,616,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in SIVR. Wilmington Savings Fund Society FSB increased its holdings in abrdn Physical Silver Shares ETF by 245.6% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 553 shares of the company’s stock worth $25,000 after purchasing an additional 393 shares in the last quarter. AdvisorNet Financial Inc increased its holdings in 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 worth $53,000 after purchasing an additional 386 shares in the last quarter. Comerica Bank increased its holdings in abrdn Physical Silver Shares ETF by 37.5% during the 3rd quarter. Comerica Bank now owns 2,409 shares of the company’s stock worth $107,000 after purchasing an additional 657 shares in the last quarter. Advisory Services Network LLC bought a new position in abrdn Physical Silver Shares ETF during the 3rd quarter worth about $112,000. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in abrdn Physical Silver Shares ETF by 268.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,822 shares of the company’s stock worth $132,000 after purchasing an additional 2,786 shares in the last quarter.

abrdn Physical Silver Shares ETF Trading Up 3.3%

SIVR stock opened at $77.32 on Friday. The stock has a 50-day moving average price of $75.00 and a two-hundred day moving average price of $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.