Journey Advisory Group LLC cut its stake in abrdn Physical Silver Shares ETF (NYSEARCA:SIVR – Free Report) by 1.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 67,369 shares of the company’s stock after selling 1,150 shares during the period. Journey Advisory Group LLC owned 0.12% of abrdn Physical Silver Shares ETF worth $2,318,000 at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. SouthState Corp acquired a new stake in abrdn Physical Silver Shares ETF in the first quarter valued at $33,000. Trust Co. of Vermont acquired a new stake in shares of abrdn Physical Silver Shares ETF during the second quarter worth $56,000. Janney Montgomery Scott LLC acquired a new stake in shares of abrdn Physical Silver Shares ETF during the second quarter worth $212,000. Geneos Wealth Management Inc. raised its holdings in shares of abrdn Physical Silver Shares ETF by 45.1% during the first quarter. Geneos Wealth Management Inc. now owns 6,181 shares of the company’s stock worth $201,000 after purchasing an additional 1,922 shares during the period. Finally, Sigma Planning Corp acquired a new stake in shares of abrdn Physical Silver Shares ETF during the first quarter worth $208,000.
abrdn Physical Silver Shares ETF Price Performance
Shares of NYSEARCA:SIVR opened at $49.30 on Monday. abrdn Physical Silver Shares ETF has a 1-year low of $27.45 and a 1-year high of $51.65. The company’s fifty day moving average is $41.23 and its two-hundred day moving average is $36.03.
abrdn Physical Silver Shares ETF Company 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.
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