Scarborough Advisors LLC Reduces Stake in abrdn Physical Silver Shares ETF $SIVR

Scarborough Advisors LLC lowered its position in abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 98.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 691 shares of the company’s stock after selling 48,473 shares during the quarter. Scarborough Advisors LLC’s holdings in abrdn Physical Silver Shares ETF were worth $49,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Wilmington Savings Fund Society FSB grew its holdings in shares of abrdn Physical Silver Shares ETF by 245.6% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 553 shares of the company’s stock worth $25,000 after purchasing an additional 393 shares during the period. Kohmann Bosshard Financial Services LLC purchased a new stake in abrdn Physical Silver Shares ETF in the 1st quarter valued at about $27,000. Archer Investment Corp purchased a new stake in abrdn Physical Silver Shares ETF in the 1st quarter valued at about $28,000. Sankala Group LLC acquired a new position in abrdn Physical Silver Shares ETF in the fourth quarter valued at about $34,000. Finally, FLP Wealth Management LLC lifted its position in abrdn Physical Silver Shares ETF by 48.2% in the first quarter. FLP Wealth Management LLC now owns 501 shares of the company’s stock valued at $36,000 after buying an additional 163 shares during the last quarter.

abrdn Physical Silver Shares ETF Stock Up 0.4%

NYSEARCA:SIVR opened at $53.59 on Tuesday. The company has a 50 day moving average price of $64.07 and a 200 day moving average price of $72.71. abrdn Physical Silver Shares ETF has a fifty-two week low of $34.74 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.