Choreo LLC Sells 7,990 Shares of abrdn Physical Silver Shares ETF $SIVR

Choreo LLC lowered its position in abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 51.2% in the 3rd quarter, HoldingsChannel reports. The fund owned 7,628 shares of the company’s stock after selling 7,990 shares during the period. Choreo LLC’s holdings in abrdn Physical Silver Shares ETF were worth $339,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB lifted its holdings in abrdn Physical Silver Shares ETF by 245.6% during the third quarter. Wilmington Savings Fund Society FSB now owns 553 shares of the company’s stock valued at $25,000 after purchasing an additional 393 shares during the last quarter. Stone House Investment Management LLC bought a new position in abrdn Physical Silver Shares ETF during the second quarter worth about $28,000. CoreFirst Bank & Trust purchased a new position in shares of abrdn Physical Silver Shares ETF in the second quarter worth about $48,000. AdvisorNet Financial Inc raised its position in shares of abrdn Physical Silver Shares ETF by 48.1% in the third quarter. AdvisorNet Financial Inc now owns 1,189 shares of the company’s stock valued at $53,000 after purchasing an additional 386 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of abrdn Physical Silver Shares ETF by 268.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,822 shares of the company’s stock valued at $132,000 after purchasing an additional 2,786 shares during the period.

abrdn Physical Silver Shares ETF Stock Performance

Shares of SIVR stock opened at $79.80 on Friday. The firm’s 50 day moving average is $81.41 and its 200 day moving average is $59.51. abrdn Physical Silver Shares ETF has a 12 month low of $27.86 and a 12 month high of $115.26.

About abrdn Physical Silver Shares ETF

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.