Optivise Advisory Services LLC Invests $612,000 in abrdn Physical Silver Shares ETF $SIVR

Optivise Advisory Services LLC acquired a new position in shares of abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 9,054 shares of the company’s stock, valued at approximately $612,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. grew its stake in abrdn Physical Silver Shares ETF by 243.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,966,410 shares of the company’s stock valued at $265,386,000 after buying an additional 4,227,392 shares during the last quarter. Bank of America Corp DE lifted its position in abrdn Physical Silver Shares ETF by 55.1% during the 3rd quarter. Bank of America Corp DE now owns 1,627,112 shares of the company’s stock worth $72,374,000 after acquiring an additional 578,217 shares during the last quarter. AMG National Trust Bank boosted its holdings in abrdn Physical Silver Shares ETF by 6.5% during the third quarter. AMG National Trust Bank now owns 627,337 shares of the company’s stock valued at $27,904,000 after acquiring an additional 38,475 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. boosted its holdings in abrdn Physical Silver Shares ETF by 33.3% during the third quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 600,000 shares of the company’s stock valued at $26,469,000 after acquiring an additional 150,000 shares during the period. Finally, Quadrature Capital Ltd grew its position in shares of abrdn Physical Silver Shares ETF by 250.9% in the second quarter. Quadrature Capital Ltd now owns 506,714 shares of the company’s stock valued at $17,431,000 after purchasing an additional 362,296 shares during the last quarter.

abrdn Physical Silver Shares ETF Stock Up 3.6%

Shares of NYSEARCA:SIVR opened at $68.49 on Thursday. The stock’s 50-day moving average is $81.23 and its 200-day moving average is $62.99. abrdn Physical Silver Shares ETF has a 52-week low of $27.86 and a 52-week high of $115.26.

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.