Fortis Capital Management LLC Invests $734,000 in abrdn Physical Silver Shares ETF $SIVR

Fortis Capital Management LLC acquired a new stake in abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 10,246 shares of the company’s stock, valued at approximately $734,000.

Several other institutional investors and hedge funds also recently made changes to their positions in SIVR. Wilmington Savings Fund Society FSB raised its position in 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 worth $25,000 after purchasing an additional 393 shares during the period. Kohmann Bosshard Financial Services LLC purchased a new stake in abrdn Physical Silver Shares ETF during the first quarter valued at about $27,000. Archer Investment Corp bought a new position in shares of abrdn Physical Silver Shares ETF during the first quarter valued at about $28,000. Sankala Group LLC bought a new position in shares of abrdn Physical Silver Shares ETF during the fourth quarter valued at about $34,000. Finally, FLP Wealth Management LLC increased its holdings in shares of abrdn Physical Silver Shares ETF by 48.2% in the first quarter. FLP Wealth Management LLC now owns 501 shares of the company’s stock worth $36,000 after buying an additional 163 shares during the period.

abrdn Physical Silver Shares ETF Price Performance

NYSEARCA SIVR opened at $55.80 on Wednesday. abrdn Physical Silver Shares ETF has a 1-year low of $34.74 and a 1-year high of $115.26. The stock has a 50-day moving average of $63.53 and a 200-day moving average of $72.63.

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.