abrdn Physical Silver Shares ETF $SIVR Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC cut its stake in abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 19.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 32,278 shares of the company’s stock after selling 7,619 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in abrdn Physical Silver Shares ETF were worth $2,183,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. JPMorgan Chase & Co. lifted its position in abrdn Physical Silver Shares ETF by 243.1% during the third quarter. JPMorgan Chase & Co. now owns 5,966,410 shares of the company’s stock worth $265,386,000 after buying an additional 4,227,392 shares in the last quarter. Bank of America Corp DE increased its stake in shares of abrdn Physical Silver Shares ETF by 55.1% in the 3rd quarter. Bank of America Corp DE now owns 1,627,112 shares of the company’s stock worth $72,374,000 after acquiring an additional 578,217 shares during the last quarter. AMG National Trust Bank increased its stake in shares of abrdn Physical Silver Shares ETF by 6.5% in the 3rd quarter. AMG National Trust Bank now owns 627,337 shares of the company’s stock worth $27,904,000 after acquiring an additional 38,475 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. raised its holdings in shares of abrdn Physical Silver Shares ETF by 33.3% during the 3rd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 600,000 shares of the company’s stock worth $26,469,000 after acquiring an additional 150,000 shares during the period. Finally, Gradient Investments LLC boosted its position in shares of abrdn Physical Silver Shares ETF by 53.7% during the 3rd quarter. Gradient Investments LLC now owns 402,140 shares of the company’s stock valued at $17,887,000 after acquiring an additional 140,451 shares during the last quarter.

abrdn Physical Silver Shares ETF Price Performance

Shares of SIVR opened at $69.11 on Friday. abrdn Physical Silver Shares ETF has a 12-month low of $27.86 and a 12-month high of $115.26. The firm has a 50-day moving average price of $78.88 and a 200 day moving average price of $64.03.

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. The sponsor of the Trust is ETF Securities USA LLC.