Sagespring Wealth Partners LLC bought a new position in shares of abrdn Physical Silver Shares ETF (NYSEARCA:SIVR – Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 7,163 shares of the company’s stock, valued at approximately $319,000.
Several other hedge funds also recently added to or reduced their stakes in SIVR. JPMorgan Chase & Co. boosted its holdings in abrdn Physical Silver Shares ETF by 3,290.6% in the second quarter. JPMorgan Chase & Co. now owns 1,739,018 shares of the company’s stock worth $59,840,000 after acquiring an additional 1,687,728 shares in the last quarter. Quadrature Capital Ltd raised its position 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 valued at $17,431,000 after purchasing an additional 362,296 shares during the last quarter. McIlrath & Eck LLC acquired a new stake in abrdn Physical Silver Shares ETF in the 2nd quarter worth approximately $12,149,000. Gradient Investments LLC grew its position in abrdn Physical Silver Shares ETF by 53.7% during the 3rd quarter. Gradient Investments LLC now owns 402,140 shares of the company’s stock worth $17,887,000 after purchasing an additional 140,451 shares during the last quarter. Finally, Bank of America Corp DE increased its stake in 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 in the last quarter.
Key Headlines Impacting abrdn Physical Silver Shares ETF
Here are the key news stories impacting abrdn Physical Silver Shares ETF this week:
- Positive Sentiment: Macro bullish narrative: Kitco reports that gold and silver’s record runs reflect a broader loss of confidence in fiat currencies, a structural theme that supports demand for physical-metal ETFs like SIVR. Gold’s, silver’s record run signals a crisis of confidence in fiat currencies
- Positive Sentiment: Lower short interest: SIVR’s short interest fell ~24.3% in January to ~1.17M shares (1.5% of float) and a 0.2-day cover ratio — less short pressure can reduce forced selling and supports upside. (internal short-interest report)
- Positive Sentiment: Strong multi?year performance: A Benzinga analysis highlights sizable gains for a $100 investment in SIVR over five years, reinforcing momentum-driven inflows and investor attention to the ETF. $100 Invested In abrdn Physical Silver Shares ETF 5 Years Ago Would Be Worth This Much Today
- Neutral Sentiment: Retail mania and liquidity mix: CNBC notes massive retail flows into silver funds (notably SLV) — this can lift SIVR via sentiment and correlated flows but also increases short-term volatility risk. Silver is retail traders’ new obsession as record numbers bet on rally — and on a crash
- Neutral Sentiment: Trader guidance and hedging ideas: Barron’s pieces discuss strategies to play silver while limiting risk and highlight volatility — useful for position sizing but not an outright directional signal. Can Silver Go Higher Still? How to Play It Safer.
- Negative Sentiment: Prominent bearish calls: A high?profile Wall Street figure warned silver could drop ~50%, which can trigger defensive selling and push volatility higher for silver ETFs including SIVR. ‘Almost Guaranteed’: A Wall Street Legend Says Silver Will Drop 50%
- Negative Sentiment: Bubble and profit?taking warnings: Saxo Bank called silver a bubble and HSBC recommended taking profits after the rally — such commentary can spur corrective selling and higher short-term volatility. Gold remains well supported at $5,000, but silver is a bubble – Saxo Bank’s Hansen After silver’s massive price rally, it may be time to take profits while momentum lasts – HSBC
- Negative Sentiment: Volatility concerns: Coverage noting silver’s recent fall from highs points to liquidity and volatility risks that can pressure ETF performance during sharp reversals. Silver Falls From Record High. Why Volatility Is a Concern.
abrdn Physical Silver Shares ETF Stock Up 3.9%
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.
Featured Articles
- Five stocks we like better than abrdn Physical Silver Shares ETF
- How a Family Trust May Be Able To Help Preserve Your Wealth
- Do not delete, read immediately
- NEW LAW: Congress Approves Setup For Digital Dollar?
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
- A U.S. “birthright” claim worth trillions – activated quietly
Want to see what other hedge funds are holding SIVR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for abrdn Physical Silver Shares ETF (NYSEARCA:SIVR – Free Report).
Receive News & Ratings for abrdn Physical Silver Shares ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for abrdn Physical Silver Shares ETF and related companies with MarketBeat.com's FREE daily email newsletter.
