abrdn Physical Silver Shares ETF $SIVR Stock: New York Life Investment Management LLC Grows Stake

New York Life Investment Management LLC increased its holdings in shares of abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 601.5% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 139,657 shares of the company’s stock after purchasing an additional 119,748 shares during the period. New York Life Investment Management LLC owned 0.20% of abrdn Physical Silver Shares ETF worth $8,004,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Mirae Asset Global Investments Co. Ltd. bought a new position in abrdn Physical Silver Shares ETF in the third quarter worth about $7,480,000. NewEdge Advisors LLC boosted its holdings in shares of abrdn Physical Silver Shares ETF by 79.9% in the 2nd quarter. NewEdge Advisors LLC now owns 289,887 shares of the company’s stock valued at $16,297,000 after buying an additional 128,754 shares in the last quarter. Waverly Advisors LLC purchased a new position in shares of abrdn Physical Silver Shares ETF in the 1st quarter worth approximately $2,993,000. Evelyn Partners Asset Management Ltd purchased a new position in shares of abrdn Physical Silver Shares ETF in the 1st quarter worth approximately $1,626,000. Finally, Stableford Capital II LLC grew its position in shares of abrdn Physical Silver Shares ETF by 178.3% in the 3rd quarter. Stableford Capital II LLC now owns 31,882 shares of the company’s stock worth $1,827,000 after buying an additional 20,425 shares during the last quarter.

abrdn Physical Silver Shares ETF Trading Down 3.3%

NYSEARCA SIVR opened at $47.47 on Friday. abrdn Physical Silver Shares ETF has a 52 week low of $46.38 and a 52 week high of $115.26. The company has a 50 day moving average price of $55.95 and a 200 day moving average price of $65.77.

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.