Cetera Investment Advisers Sells 56,345 Shares of abrdn Physical Silver Shares ETF $SIVR

Cetera Investment Advisers trimmed its position in shares of abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 14.7% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 326,591 shares of the company’s stock after selling 56,345 shares during the quarter. Cetera Investment Advisers’ holdings in abrdn Physical Silver Shares ETF were worth $23,387,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Bank of America Corp DE boosted its stake in abrdn Physical Silver Shares ETF by 55.1% in the third quarter. Bank of America Corp DE now owns 1,627,112 shares of the company’s stock worth $72,374,000 after buying an additional 578,217 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. raised its stake in shares of abrdn Physical Silver Shares ETF by 76.7% during the fourth quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,060,062 shares of the company’s stock worth $73,083,000 after acquiring an additional 460,062 shares in the last quarter. Southeast Asset Advisors LLC bought a new stake in shares of abrdn Physical Silver Shares ETF in the 4th quarter worth approximately $29,916,000. McIlrath & Eck LLC bought a new stake in shares of abrdn Physical Silver Shares ETF in the 2nd quarter worth approximately $12,149,000. Finally, LPL Financial LLC boosted its stake in shares of abrdn Physical Silver Shares ETF by 22.5% in the 4th quarter. LPL Financial LLC now owns 1,209,495 shares of the company’s stock valued at $81,810,000 after purchasing an additional 221,859 shares in the last quarter.

abrdn Physical Silver Shares ETF Price Performance

SIVR stock opened at $55.28 on Monday. abrdn Physical Silver Shares ETF has a 52 week low of $34.74 and a 52 week high of $115.26. The firm’s fifty day moving average is $62.16 and its 200 day moving average is $72.33.

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. The sponsor of the Trust is ETF Securities USA LLC.