Systelligence LLC Sells 750 Shares of abrdn Physical Silver Shares ETF $SIVR

Systelligence LLC lowered its position in abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 0.3% in the 2nd quarter, Holdings Channel reports. The fund owned 284,006 shares of the company’s stock after selling 750 shares during the quarter. abrdn Physical Silver Shares ETF accounts for 1.8% of Systelligence LLC’s holdings, making the stock its 20th biggest holding. Systelligence LLC’s holdings in abrdn Physical Silver Shares ETF were worth $9,773,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SouthState Corp bought a new position in abrdn Physical Silver Shares ETF during the 1st quarter valued at approximately $33,000. Trust Co. of Vermont bought a new position in abrdn Physical Silver Shares ETF during the 2nd quarter valued at approximately $56,000. Geneos Wealth Management Inc. increased its position in abrdn Physical Silver Shares ETF by 45.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 6,181 shares of the company’s stock valued at $201,000 after buying an additional 1,922 shares in the last quarter. Sigma Planning Corp bought a new position in abrdn Physical Silver Shares ETF during the 1st quarter valued at approximately $208,000. Finally, Total Investment Management Inc. bought a new position in abrdn Physical Silver Shares ETF during the 1st quarter valued at approximately $212,000.

abrdn Physical Silver Shares ETF Price Performance

abrdn Physical Silver Shares ETF stock opened at $49.30 on Friday. The stock has a fifty day simple moving average of $41.23 and a two-hundred day simple moving average of $35.99. abrdn Physical Silver Shares ETF has a 12 month low of $27.45 and a 12 month high of $51.65.

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.