Evelyn Partners Asset Management Ltd Takes $1.63 Million Position in abrdn Physical Silver Shares ETF $SIVR

Evelyn Partners Asset Management Ltd bought a new position in shares of abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 22,711 shares of the company’s stock, valued at approximately $1,626,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its stake 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 valued at $72,374,000 after purchasing an additional 578,217 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. raised its stake in shares of abrdn Physical Silver Shares ETF by 76.7% in the 4th quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,060,062 shares of the company’s stock worth $73,083,000 after buying an additional 460,062 shares in the last quarter. Southeast Asset Advisors LLC bought a new stake in shares of abrdn Physical Silver Shares ETF in the 4th quarter worth $29,916,000. McIlrath & Eck LLC acquired a new stake in shares of abrdn Physical Silver Shares ETF in the second quarter valued at $12,149,000. Finally, LPL Financial LLC lifted its holdings in shares of abrdn Physical Silver Shares ETF by 22.5% in the fourth quarter. LPL Financial LLC now owns 1,209,495 shares of the company’s stock valued at $81,810,000 after buying an additional 221,859 shares during the period.

abrdn Physical Silver Shares ETF Stock Up 0.7%

Shares of SIVR stock opened at $55.64 on Tuesday. The stock has a 50-day simple moving average of $61.81 and a 200 day simple moving average of $72.18. abrdn Physical Silver Shares ETF has a fifty-two week low of $34.74 and a fifty-two 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.