Foundations Investment Advisors LLC Reduces Stock Position in abrdn Physical Silver Shares ETF $SIVR

Foundations Investment Advisors LLC reduced its holdings in shares of abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 47.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 16,692 shares of the company’s stock after selling 15,086 shares during the quarter. Foundations Investment Advisors LLC’s holdings in abrdn Physical Silver Shares ETF were worth $1,129,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of SIVR. Wilmington Savings Fund Society FSB lifted its stake in shares of abrdn Physical Silver Shares ETF by 245.6% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 553 shares of the company’s stock valued at $25,000 after buying an additional 393 shares in the last quarter. Creative Financial Designs Inc. ADV lifted its stake in shares of abrdn Physical Silver Shares ETF by 110.0% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 882 shares of the company’s stock valued at $60,000 after buying an additional 462 shares in the last quarter. Comerica Bank lifted its stake in shares of abrdn Physical Silver Shares ETF by 37.5% during the 3rd quarter. Comerica Bank now owns 2,409 shares of the company’s stock valued at $107,000 after buying an additional 657 shares in the last quarter. Advisory Services Network LLC purchased a new stake in shares of abrdn Physical Silver Shares ETF during the 3rd quarter valued at approximately $112,000. Finally, Laurel Wealth Advisors LLC purchased a new stake in shares of abrdn Physical Silver Shares ETF during the 4th quarter valued at approximately $118,000.

abrdn Physical Silver Shares ETF Stock Performance

Shares of SIVR stock opened at $71.79 on Monday. The firm’s 50 day moving average is $72.04 and its 200 day moving average is $71.95. abrdn Physical Silver Shares ETF has a 12 month low of $31.24 and a 12 month high of $115.26.

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