International Assets Investment Management LLC Invests $433,000 in abrdn Physical Silver Shares ETF $SIVR

International Assets Investment Management LLC acquired a new position in shares of abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 6,395 shares of the company’s stock, valued at approximately $433,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Jones Financial Companies Lllp grew its position in shares of abrdn Physical Silver Shares ETF by 9.6% during the third quarter. Jones Financial Companies Lllp now owns 88,617 shares of the company’s stock worth $3,894,000 after buying an additional 7,733 shares in the last quarter. Braun Bostich & Associates Inc. acquired a new position in shares of abrdn Physical Silver Shares ETF during the third quarter worth about $891,000. Global View Capital Management LLC grew its position in shares of abrdn Physical Silver Shares ETF by 71.2% during the third quarter. Global View Capital Management LLC now owns 23,298 shares of the company’s stock worth $1,036,000 after buying an additional 9,688 shares in the last quarter. Concurrent Investment Advisors LLC grew its position in shares of abrdn Physical Silver Shares ETF by 30.8% during the third quarter. Concurrent Investment Advisors LLC now owns 25,171 shares of the company’s stock worth $1,120,000 after buying an additional 5,930 shares in the last quarter. Finally, Mutual Advisors LLC grew its position in shares of abrdn Physical Silver Shares ETF by 186.6% during the third quarter. Mutual Advisors LLC now owns 50,199 shares of the company’s stock worth $2,330,000 after buying an additional 32,685 shares in the last quarter.

abrdn Physical Silver Shares ETF Price Performance

Shares of abrdn Physical Silver Shares ETF stock opened at $81.91 on Tuesday. abrdn Physical Silver Shares ETF has a one year low of $30.34 and a one year high of $115.26. The business has a 50-day simple moving average of $73.66 and a 200-day simple moving average of $69.17.

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.