Worth Asset Management LLC Makes New $329,000 Investment in abrdn Physical Silver Shares ETF $SIVR

Worth Asset Management LLC purchased a new stake in abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 7,399 shares of the company’s stock, valued at approximately $329,000.

Other hedge funds also recently modified their holdings of the company. 180 Wealth Advisors LLC grew its stake in shares of abrdn Physical Silver Shares ETF by 4.9% in the third quarter. 180 Wealth Advisors LLC now owns 163,317 shares of the company’s stock worth $7,264,000 after purchasing an additional 7,667 shares during the last quarter. Blue Trust Inc. raised its position in abrdn Physical Silver Shares ETF by 12.8% during the 3rd quarter. Blue Trust Inc. now owns 12,612 shares of the company’s stock worth $561,000 after purchasing an additional 1,432 shares during the last quarter. Sheets Smith Wealth Management lifted its holdings in abrdn Physical Silver Shares ETF by 114.9% during the 3rd quarter. Sheets Smith Wealth Management now owns 28,181 shares of the company’s stock worth $1,253,000 after buying an additional 15,065 shares during the period. Horst & Graben Wealth Management LLC acquired a new position in abrdn Physical Silver Shares ETF during the 3rd quarter worth about $987,000. Finally, Whitaker Myers Wealth Managers LTD. bought a new stake in shares of abrdn Physical Silver Shares ETF in the 3rd quarter valued at about $212,000.

abrdn Physical Silver Shares ETF Stock Performance

Shares of SIVR opened at $74.66 on Friday. abrdn Physical Silver Shares ETF has a 1 year low of $27.47 and a 1 year high of $74.75. The business has a 50-day moving average of $53.09 and a 200-day moving average of $43.65.

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.