New York Life Investment Management LLC Invests $2.68 Million in abrdn Physical Silver Shares ETF $SIVR

New York Life Investment Management LLC bought a new stake in shares of abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 39,626 shares of the company’s stock, valued at approximately $2,680,000.

Several other institutional investors have also recently made changes to their positions in SIVR. Wilmington Savings Fund Society FSB lifted its holdings in 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 worth $25,000 after purchasing an additional 393 shares in the last quarter. Comerica Bank lifted its holdings in shares of abrdn Physical Silver Shares ETF by 37.5% in the third quarter. Comerica Bank now owns 2,409 shares of the company’s stock worth $107,000 after buying an additional 657 shares in the last quarter. Advisory Services Network LLC bought a new position in shares of abrdn Physical Silver Shares ETF in the third quarter valued at approximately $112,000. Laurel Wealth Advisors LLC purchased a new position in abrdn Physical Silver Shares ETF during the fourth quarter valued at approximately $118,000. Finally, Allworth Financial LP grew its stake in abrdn Physical Silver Shares ETF by 104.1% during the fourth quarter. Allworth Financial LP now owns 1,778 shares of the company’s stock valued at $120,000 after acquiring an additional 907 shares in the last quarter.

abrdn Physical Silver Shares ETF Stock Up 1.3%

abrdn Physical Silver Shares ETF stock opened at $73.51 on Tuesday. abrdn Physical Silver Shares ETF has a fifty-two week low of $30.74 and a fifty-two week high of $115.26. The firm’s fifty day moving average price is $73.28 and its 200-day moving average price is $70.32.

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.