Horst & Graben Wealth Management LLC Purchases Shares of 22,181 abrdn Physical Silver Shares ETF $SIVR

Horst & Graben Wealth Management LLC acquired a new position in abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) during the 3rd quarter, Holdings Channel.com reports. The institutional investor acquired 22,181 shares of the company’s stock, valued at approximately $987,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. AE Wealth Management LLC grew its position in abrdn Physical Silver Shares ETF by 125.5% in the second quarter. AE Wealth Management LLC now owns 16,899 shares of the company’s stock worth $581,000 after buying an additional 9,405 shares during the last quarter. Janney Montgomery Scott LLC bought a new stake in shares of abrdn Physical Silver Shares ETF during the 2nd quarter worth $212,000. JPMorgan Chase & Co. boosted its stake in shares of abrdn Physical Silver Shares ETF by 3,290.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,739,018 shares of the company’s stock worth $59,840,000 after acquiring an additional 1,687,728 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of abrdn Physical Silver Shares ETF by 18.9% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 45,900 shares of the company’s stock worth $1,612,000 after acquiring an additional 7,311 shares during the last quarter. Finally, Mather Group LLC. raised its position in shares of abrdn Physical Silver Shares ETF by 12.5% during the second quarter. Mather Group LLC. now owns 7,333 shares of the company’s stock worth $252,000 after purchasing an additional 817 shares during the period.

abrdn Physical Silver Shares ETF Stock Up 0.6%

Shares of NYSEARCA SIVR opened at $68.49 on Friday. abrdn Physical Silver Shares ETF has a 12 month low of $27.47 and a 12 month high of $68.79. The business has a fifty day simple moving average of $52.58 and a 200-day simple moving average of $43.32.

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.