abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) Shares Gap Down – Time to Sell?

abrdn Physical Silver Shares ETF (NYSEARCA:SIVR)’s stock price gapped down prior to trading on Thursday . The stock had previously closed at $72.17, but opened at $64.96. abrdn Physical Silver Shares ETF shares last traded at $66.07, with a volume of 1,840,557 shares trading hands.

abrdn Physical Silver Shares ETF News Roundup

Here are the key news stories impacting abrdn Physical Silver Shares ETF this week:

• Positive Sentiment: Geopolitical tensions in the Middle East are providing intermittent safe-haven bids for precious metals, which can underpin silver prices if the situation escalates. Gold (XAUUSD) & Silver Price Forecast: Middle East Tensions vs. Fed – Who Wins Gold?
• Positive Sentiment: Longer-term “physical market” narratives remain bullish for silver (discussion of structural supply/demand and physical realignment), which supports a longer-term case for SIVR despite near-term weakness. The great physical realignment: Gold $10,000, silver $200, and the death of the paper market
• Neutral Sentiment: Technical/volume context is mixed: SIVR sits below its 50-day moving average (short-term pressure) but above its 200-day average (longer-term support); trading volume was below the recent average, suggesting today’s move may lack conviction.
• Negative Sentiment: Hot U.S. inflation readings (PPI and other data) and rising Fed-hike expectations have pressured precious metals, driving selling in silver and weighing on SIVR. Hot U.S. inflation report sinks gold, silver
• Negative Sentiment: Broad risk-off moves tied to inflation fears pushed gold and silver lower across global markets, contributing directly to SIVR’s decline. Gold and silver sell off as inflation fears grip global markets
• Negative Sentiment: Precious-metals miners and related equities slid as metal prices retreated (mining share weakness often amplifies negative sentiment for silver ETFs). FTSE 350 precious metals miners slide as gold and silver prices retreat
• Negative Sentiment: Commodity-price cross currents (oil spikes, risk flows) have added short-term volatility and at times pressured precious metals, limiting a sustained rebound in silver. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Dives 2% As Oil Prices Test New Highs

abrdn Physical Silver Shares ETF Trading Down 7.0%

The stock has a fifty day simple moving average of $82.59 and a 200-day simple moving average of $62.01.

Hedge Funds Weigh In On abrdn Physical Silver Shares ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SIVR. Jones Financial Companies Lllp raised its stake in abrdn Physical Silver Shares ETF by 9.6% during the 3rd quarter. Jones Financial Companies Lllp now owns 88,617 shares of the company’s stock worth $3,894,000 after acquiring an additional 7,733 shares in the last quarter. Braun Bostich & Associates Inc. purchased a new position in shares of abrdn Physical Silver Shares ETF during the third quarter worth approximately $891,000. Eagle Strategies LLC acquired a new position in shares of abrdn Physical Silver Shares ETF in the 3rd quarter valued at $394,000. Brookstone Capital Management acquired a new position in shares of abrdn Physical Silver Shares ETF in the 3rd quarter valued at $402,000. Finally, JPMorgan Chase & Co. boosted its stake in abrdn Physical Silver Shares ETF by 3,290.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,739,018 shares of the company’s stock worth $59,840,000 after purchasing an additional 1,687,728 shares during the period.

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. The sponsor of the Trust is ETF Securities USA LLC.