Freedom Investment Management Inc. Sells 3,189 Shares of abrdn Physical Silver Shares ETF $SIVR

Freedom Investment Management Inc. cut its position in shares of abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 33.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,230 shares of the company’s stock after selling 3,189 shares during the period. Freedom Investment Management Inc.’s holdings in abrdn Physical Silver Shares ETF were worth $214,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. AMG National Trust Bank lifted its stake in shares of abrdn Physical Silver Shares ETF by 17.6% in the 1st quarter. AMG National Trust Bank now owns 571,191 shares of the company’s stock valued at $18,569,000 after purchasing an additional 85,668 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. lifted its stake in shares of abrdn Physical Silver Shares ETF by 35.1% in the 1st quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 500,000 shares of the company’s stock valued at $16,384,000 after purchasing an additional 130,000 shares during the last quarter. Tradewinds Capital Management LLC lifted its stake in shares of abrdn Physical Silver Shares ETF by 60,555.1% in the 1st quarter. Tradewinds Capital Management LLC now owns 448,848 shares of the company’s stock valued at $14,592,000 after purchasing an additional 448,108 shares during the last quarter. Gradient Investments LLC lifted its stake in shares of abrdn Physical Silver Shares ETF by 7.4% in the 2nd quarter. Gradient Investments LLC now owns 261,689 shares of the company’s stock valued at $9,005,000 after purchasing an additional 17,962 shares during the last quarter. Finally, Mission Creek Capital Partners Inc. lifted its stake in shares of abrdn Physical Silver Shares ETF by 444.4% in the 1st quarter. Mission Creek Capital Partners Inc. now owns 223,986 shares of the company’s stock valued at $7,282,000 after purchasing an additional 182,840 shares during the last quarter.

abrdn Physical Silver Shares ETF Stock Down 3.6%

NYSEARCA:SIVR opened at $44.53 on Tuesday. abrdn Physical Silver Shares ETF has a 1 year low of $27.45 and a 1 year high of $51.65. The business has a 50 day simple moving average of $42.47 and a 200-day simple moving average of $36.78.

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.