Nations Financial Group Inc. IA ADV Sells 15,181 Shares of abrdn Physical Silver Shares ETF $SIVR

Nations Financial Group Inc. IA ADV lessened its stake in abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 17.8% during the first quarter, HoldingsChannel reports. The institutional investor owned 69,938 shares of the company’s stock after selling 15,181 shares during the period. Nations Financial Group Inc. IA ADV’s holdings in abrdn Physical Silver Shares ETF were worth $5,008,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in SIVR. Bank of America Corp DE lifted its holdings 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 valued at $72,374,000 after buying an additional 578,217 shares during the period. LPL Financial LLC boosted its position in abrdn Physical Silver Shares ETF by 22.5% during the fourth quarter. LPL Financial LLC now owns 1,209,495 shares of the company’s stock valued at $81,810,000 after acquiring an additional 221,859 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. grew its holdings in abrdn Physical Silver Shares ETF by 76.7% during the 4th 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 during the period. Tradewinds Capital Management LLC grew its holdings in abrdn Physical Silver Shares ETF by 65,521.7% during the 4th quarter. Tradewinds Capital Management LLC now owns 696,246 shares of the company’s stock worth $47,094,000 after acquiring an additional 695,185 shares during the period. Finally, AMG National Trust Bank raised its position in shares of abrdn Physical Silver Shares ETF by 6.5% in the 3rd quarter. AMG National Trust Bank now owns 627,337 shares of the company’s stock worth $27,904,000 after acquiring an additional 38,475 shares in the last quarter.

abrdn Physical Silver Shares ETF Price Performance

SIVR stock opened at $62.55 on Friday. The stock has a 50-day moving average price of $71.30 and a 200-day moving average price of $73.50. abrdn Physical Silver Shares ETF has a 1-year low of $33.63 and a 1-year high of $115.26.

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.