Elevation Point Wealth Partners LLC Buys Shares of 251,638 abrdn Physical Silver Shares ETF $SIVR

Elevation Point Wealth Partners LLC acquired a new stake in abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 251,638 shares of the company’s stock, valued at approximately $11,193,000. abrdn Physical Silver Shares ETF comprises 0.8% of Elevation Point Wealth Partners LLC’s holdings, making the stock its 27th largest position. Elevation Point Wealth Partners LLC owned about 0.35% of abrdn Physical Silver Shares ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. Banco Bilbao Vizcaya Argentaria S.A. increased its stake in abrdn Physical Silver Shares ETF by 33.3% in the third quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 600,000 shares of the company’s stock valued at $26,469,000 after purchasing an additional 150,000 shares during the last quarter. Bank of America Corp DE boosted its stake in 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 buying an additional 578,217 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in abrdn Physical Silver Shares ETF by 142.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 229,594 shares of the company’s stock valued at $10,147,000 after buying an additional 135,048 shares during the period. Raymond James Financial Inc. increased its stake in shares of abrdn Physical Silver Shares ETF by 27.9% during the 3rd quarter. Raymond James Financial Inc. now owns 136,132 shares of the company’s stock valued at $6,055,000 after acquiring an additional 29,725 shares during the last quarter. Finally, Advocacy Wealth Management LLC acquired a new position in shares of abrdn Physical Silver Shares ETF during the 3rd quarter valued at about $9,483,000.

abrdn Physical Silver Shares ETF Stock Down 5.0%

NYSEARCA:SIVR opened at $76.31 on Friday. The firm’s 50 day moving average is $82.59 and its two-hundred day moving average is $61.23. abrdn Physical Silver Shares ETF has a fifty-two week low of $27.86 and a fifty-two week high of $115.26.

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.