abrdn Physical Silver Shares ETF $SIVR Stock: Sowell Financial Services LLC Trims Position

Sowell Financial Services LLC lowered its stake in shares of abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 34.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 27,351 shares of the company’s stock after selling 14,188 shares during the period. Sowell Financial Services LLC’s holdings in abrdn Physical Silver Shares ETF were worth $1,567,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in SIVR. NewEdge Advisors LLC raised its holdings in abrdn Physical Silver Shares ETF by 79.9% in the 2nd quarter. NewEdge Advisors LLC now owns 289,887 shares of the company’s stock valued at $16,297,000 after acquiring an additional 128,754 shares during the last quarter. Avior Wealth Management LLC boosted its holdings in shares of abrdn Physical Silver Shares ETF by 19.3% during the third quarter. Avior Wealth Management LLC now owns 93,415 shares of the company’s stock worth $5,354,000 after purchasing an additional 15,104 shares during the last quarter. Private Advisor Group LLC boosted its holdings in shares of abrdn Physical Silver Shares ETF by 28.7% during the first quarter. Private Advisor Group LLC now owns 65,855 shares of the company’s stock worth $4,716,000 after purchasing an additional 14,672 shares during the last quarter. Simplicity Wealth LLC grew its position in shares of abrdn Physical Silver Shares ETF by 6.6% in the first quarter. Simplicity Wealth LLC now owns 59,624 shares of the company’s stock valued at $4,270,000 after purchasing an additional 3,717 shares during the period. Finally, Myecfo LLC grew its position in shares of abrdn Physical Silver Shares ETF by 3.7% in the third quarter. Myecfo LLC now owns 53,320 shares of the company’s stock valued at $3,056,000 after purchasing an additional 1,893 shares during the period.

abrdn Physical Silver Shares ETF Trading Down 1.3%

abrdn Physical Silver Shares ETF stock opened at $51.22 on Friday. The stock has a fifty day moving average price of $59.95 and a 200 day moving average price of $63.28. abrdn Physical Silver Shares ETF has a 52 week low of $43.85 and a 52 week high of $115.26.

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.