Sheets Smith Wealth Management Boosts Position in abrdn Physical Silver Shares ETF $SIVR

Sheets Smith Wealth Management increased its position in shares of abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 114.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 28,181 shares of the company’s stock after acquiring an additional 15,065 shares during the quarter. Sheets Smith Wealth Management’s holdings in abrdn Physical Silver Shares ETF were worth $1,253,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Freedom Investment Management Inc. acquired a new position in abrdn Physical Silver Shares ETF in the 1st quarter valued at about $306,000. CreativeOne Wealth LLC raised its position in shares of abrdn Physical Silver Shares ETF by 23.5% during the 1st quarter. CreativeOne Wealth LLC now owns 12,764 shares of the company’s stock valued at $415,000 after buying an additional 2,426 shares during the period. Transamerica Financial Advisors LLC lifted its holdings in abrdn Physical Silver Shares ETF by 15.1% in the first quarter. Transamerica Financial Advisors LLC now owns 23,139 shares of the company’s stock valued at $753,000 after acquiring an additional 3,036 shares during the last quarter. Mission Creek Capital Partners Inc. lifted its holdings in abrdn Physical Silver Shares ETF by 444.4% in the first quarter. Mission Creek Capital Partners Inc. now owns 223,986 shares of the company’s stock valued at $7,282,000 after acquiring an additional 182,840 shares during the last quarter. Finally, Royal Bank of Canada grew its position in abrdn Physical Silver Shares ETF by 2.0% in the first quarter. Royal Bank of Canada now owns 180,144 shares of the company’s stock worth $5,857,000 after acquiring an additional 3,465 shares during the period.

abrdn Physical Silver Shares ETF Stock Performance

NYSEARCA:SIVR opened at $68.49 on Friday. abrdn Physical Silver Shares ETF has a 52 week low of $27.47 and a 52 week high of $68.79. The stock’s fifty day moving average is $52.58 and its two-hundred day moving average is $43.32.

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.