Banco Bilbao Vizcaya Argentaria S.A. Grows Holdings in abrdn Physical Silver Shares ETF $SIVR

Banco Bilbao Vizcaya Argentaria S.A. increased its position in shares of abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 76.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,060,062 shares of the company’s stock after purchasing an additional 460,062 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A. owned approximately 1.38% of abrdn Physical Silver Shares ETF worth $73,083,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SIVR. JPMorgan Chase & Co. boosted its holdings 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 purchasing an additional 4,227,392 shares during the last quarter. Tradewinds Capital Management LLC boosted its holdings in abrdn Physical Silver Shares ETF by 65,521.7% during the fourth quarter. Tradewinds Capital Management LLC now owns 696,246 shares of the company’s stock worth $47,094,000 after purchasing an additional 695,185 shares during the last quarter. Bank of America Corp DE boosted its holdings in abrdn Physical Silver Shares ETF by 55.1% during the third quarter. Bank of America Corp DE now owns 1,627,112 shares of the company’s stock worth $72,374,000 after purchasing an additional 578,217 shares during the last quarter. Southeast Asset Advisors LLC purchased a new position in abrdn Physical Silver Shares ETF in the fourth quarter valued at about $29,916,000. Finally, McIlrath & Eck LLC purchased a new position in abrdn Physical Silver Shares ETF in the second quarter valued at about $12,149,000.

abrdn Physical Silver Shares ETF Trading Down 4.4%

SIVR opened at $63.69 on Thursday. abrdn Physical Silver Shares ETF has a twelve month low of $33.63 and a twelve month high of $115.26. The company’s 50-day moving average price is $71.60 and its two-hundred day moving average price is $73.52.

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.