Red Tortoise LLC Acquires Shares of 14,307 abrdn Physical Silver Shares ETF $SIVR

Red Tortoise LLC acquired a new position in abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) in the 3rd quarter, Holdings Channel reports. The firm acquired 14,307 shares of the company’s stock, valued at approximately $636,000.

Several other institutional investors and hedge funds have also recently modified their holdings of SIVR. Royal Bank of Canada increased its position in shares of abrdn Physical Silver Shares ETF by 2.0% during the first quarter. Royal Bank of Canada now owns 180,144 shares of the company’s stock valued at $5,857,000 after buying an additional 3,465 shares during the period. NewEdge Advisors LLC lifted its holdings in abrdn Physical Silver Shares ETF by 11.7% in the first quarter. NewEdge Advisors LLC now owns 114,083 shares of the company’s stock worth $3,709,000 after buying an additional 11,982 shares during the period. Jones Financial Companies Lllp lifted its holdings in abrdn Physical Silver Shares ETF by 48.3% in the first quarter. Jones Financial Companies Lllp now owns 84,008 shares of the company’s stock worth $2,731,000 after buying an additional 27,348 shares during the period. Hamilton Capital LLC boosted its position in abrdn Physical Silver Shares ETF by 5.5% during the 1st quarter. Hamilton Capital LLC now owns 8,090 shares of the company’s stock valued at $263,000 after acquiring an additional 422 shares in the last quarter. Finally, Geneos Wealth Management Inc. boosted its position in abrdn Physical Silver Shares ETF by 45.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 6,181 shares of the company’s stock valued at $201,000 after acquiring an additional 1,922 shares in the last quarter.

abrdn Physical Silver Shares ETF Trading Up 5.0%

SIVR stock opened at $72.51 on Tuesday. abrdn Physical Silver Shares ETF has a fifty-two week low of $27.86 and a fifty-two week high of $74.75. The business’s 50 day moving average price is $55.87 and its two-hundred day moving average price is $45.19.

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.