abrdn Physical Silver Shares ETF $SIVR Shares Purchased by Kiker Wealth Management LLC

Kiker Wealth Management LLC lifted its stake in abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 10.4% in the third quarter, HoldingsChannel reports. The fund owned 134,259 shares of the company’s stock after purchasing an additional 12,597 shares during the quarter. abrdn Physical Silver Shares ETF makes up 3.0% of Kiker Wealth Management LLC’s holdings, making the stock its 11th largest holding. Kiker Wealth Management LLC’s holdings in abrdn Physical Silver Shares ETF were worth $5,972,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. raised its holdings in abrdn Physical Silver Shares ETF by 3,290.6% during the second quarter. JPMorgan Chase & Co. now owns 1,739,018 shares of the company’s stock worth $59,840,000 after purchasing an additional 1,687,728 shares in the last quarter. Bank of America Corp DE increased its position in shares of abrdn Physical Silver Shares ETF by 12.9% during the 2nd quarter. Bank of America Corp DE now owns 1,048,895 shares of the company’s stock valued at $36,092,000 after purchasing an additional 119,628 shares during the period. AMG National Trust Bank increased its position in shares of abrdn Physical Silver Shares ETF by 3.1% during the 2nd quarter. AMG National Trust Bank now owns 588,862 shares of the company’s stock valued at $20,263,000 after purchasing an additional 17,671 shares during the period. Quadrature Capital Ltd raised its stake in shares of abrdn Physical Silver Shares ETF by 250.9% in the 2nd quarter. Quadrature Capital Ltd now owns 506,714 shares of the company’s stock worth $17,431,000 after buying an additional 362,296 shares in the last quarter. Finally, Gradient Investments LLC lifted its holdings in shares of abrdn Physical Silver Shares ETF by 53.7% in the third quarter. Gradient Investments LLC now owns 402,140 shares of the company’s stock valued at $17,887,000 after buying an additional 140,451 shares during the period.

abrdn Physical Silver Shares ETF Stock Up 6.7%

Shares of SIVR stock opened at $81.08 on Tuesday. The stock has a 50-day simple moving average of $58.94 and a 200 day simple moving average of $46.67. abrdn Physical Silver Shares ETF has a fifty-two week low of $27.86 and a fifty-two week high of $82.07.

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.