abrdn Physical Silver Shares ETF $SIVR is Intrepid Family Office LLC’s 10th Largest Position

Intrepid Family Office LLC boosted its position in shares of abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 100.0% in the second quarter, HoldingsChannel.com reports. The fund owned 100,000 shares of the company’s stock after acquiring an additional 50,000 shares during the quarter. abrdn Physical Silver Shares ETF comprises about 2.8% of Intrepid Family Office LLC’s portfolio, making the stock its 10th largest holding. Intrepid Family Office LLC’s holdings in abrdn Physical Silver Shares ETF were worth $3,441,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of SIVR. SouthState Corp purchased a new position in shares of abrdn Physical Silver Shares ETF in the first quarter worth about $33,000. JT Stratford LLC purchased a new position in abrdn Physical Silver Shares ETF during the 1st quarter worth approximately $219,000. Banco Bilbao Vizcaya Argentaria S.A. lifted its stake in abrdn Physical Silver Shares ETF by 35.1% during the 1st quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 500,000 shares of the company’s stock valued at $16,384,000 after acquiring an additional 130,000 shares during the period. Capital Wealth Alliance LLC boosted its holdings in shares of abrdn Physical Silver Shares ETF by 47.6% in the 1st quarter. Capital Wealth Alliance LLC now owns 11,009 shares of the company’s stock valued at $358,000 after acquiring an additional 3,552 shares during the last quarter. Finally, Freedom Investment Management Inc. purchased a new stake in shares of abrdn Physical Silver Shares ETF in the 1st quarter valued at $306,000.

abrdn Physical Silver Shares ETF Price Performance

Shares of abrdn Physical Silver Shares ETF stock opened at $55.33 on Tuesday. abrdn Physical Silver Shares ETF has a 1 year low of $27.45 and a 1 year high of $56.48. The firm has a fifty day moving average price of $48.50 and a 200 day moving average price of $40.69.

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.