Western Wealth Management LLC Buys 2,495 Shares of abrdn Physical Silver Shares ETF $SIVR

Western Wealth Management LLC increased its stake in abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 30.8% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 10,591 shares of the company’s stock after buying an additional 2,495 shares during the period. Western Wealth Management LLC’s holdings in abrdn Physical Silver Shares ETF were worth $364,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Mission Creek Capital Partners Inc. boosted its holdings in abrdn Physical Silver Shares ETF by 444.4% in the first quarter. Mission Creek Capital Partners Inc. now owns 223,986 shares of the company’s stock worth $7,282,000 after acquiring an additional 182,840 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. increased its holdings in shares of abrdn Physical Silver Shares ETF by 35.1% during the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 500,000 shares of the company’s stock valued at $16,384,000 after acquiring an additional 130,000 shares in the last quarter. Kiker Wealth Management LLC raised its position in shares of abrdn Physical Silver Shares ETF by 680.7% in the 2nd quarter. Kiker Wealth Management LLC now owns 121,662 shares of the company’s stock worth $4,186,000 after purchasing an additional 106,078 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in abrdn Physical Silver Shares ETF by 33.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 205,506 shares of the company’s stock worth $7,071,000 after purchasing an additional 51,942 shares in the last quarter. Finally, Forefront Wealth Management Inc. bought a new position in abrdn Physical Silver Shares ETF in the 2nd quarter worth about $1,631,000.

abrdn Physical Silver Shares ETF Stock Performance

NYSEARCA:SIVR opened at $48.39 on Wednesday. abrdn Physical Silver Shares ETF has a fifty-two week low of $27.45 and a fifty-two week high of $51.65. The firm has a 50-day simple moving average of $45.47 and a two-hundred day simple moving average of $38.62.

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.