Envestnet Asset Management Inc. Has $11.23 Million Stock Position in abrdn Physical Silver Shares ETF $SIVR

Envestnet Asset Management Inc. increased its position in shares of abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 22.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 252,472 shares of the company’s stock after buying an additional 46,966 shares during the period. Envestnet Asset Management Inc. owned 0.35% of abrdn Physical Silver Shares ETF worth $11,230,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Ashton Thomas Private Wealth LLC bought a new stake in abrdn Physical Silver Shares ETF during the third quarter valued at about $247,000. Jones Financial Companies Lllp boosted 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 valued at $3,894,000 after purchasing an additional 7,733 shares during the period. A4 Wealth Advisors LLC acquired a new stake in abrdn Physical Silver Shares ETF in the 3rd quarter valued at approximately $635,000. Mutual Advisors LLC increased its position in abrdn Physical Silver Shares ETF by 186.6% in the 3rd 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 during the period. Finally, Thrivent Financial for Lutherans bought a new position in abrdn Physical Silver Shares ETF in the 3rd quarter worth approximately $3,349,000.

abrdn Physical Silver Shares ETF Price Performance

SIVR opened at $69.70 on Wednesday. The business has a 50 day moving average of $77.00 and a 200-day moving average of $55.72. abrdn Physical Silver Shares ETF has a 1-year low of $27.86 and a 1-year 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.