abrdn Physical Silver Shares ETF $SIVR Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC cut its holdings in abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 19.1% during the fourth quarter, HoldingsChannel reports. The fund owned 32,278 shares of the company’s stock after selling 7,619 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in abrdn Physical Silver Shares ETF were worth $2,183,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in SIVR. Blossom Wealth Management increased its stake in abrdn Physical Silver Shares ETF by 3.5% during the third quarter. Blossom Wealth Management now owns 7,450 shares of the company’s stock worth $331,000 after acquiring an additional 250 shares during the last quarter. JT Stratford LLC raised its holdings in abrdn Physical Silver Shares ETF by 4.3% in the 3rd quarter. JT Stratford LLC now owns 7,231 shares of the company’s stock valued at $322,000 after buying an additional 300 shares during the period. AdvisorNet Financial Inc lifted its position in abrdn Physical Silver Shares ETF by 48.1% in the third quarter. AdvisorNet Financial Inc now owns 1,189 shares of the company’s stock valued at $53,000 after buying an additional 386 shares during the last quarter. Wilmington Savings Fund Society FSB boosted its stake in abrdn Physical Silver Shares ETF by 245.6% during the third quarter. Wilmington Savings Fund Society FSB now owns 553 shares of the company’s stock worth $25,000 after buying an additional 393 shares during the period. Finally, SMART Wealth LLC boosted its stake in abrdn Physical Silver Shares ETF by 0.5% during the third quarter. SMART Wealth LLC now owns 78,963 shares of the company’s stock worth $3,512,000 after buying an additional 395 shares during the period.

abrdn Physical Silver Shares ETF Trading Down 3.4%

Shares of SIVR opened at $69.11 on Friday. The firm has a 50-day simple moving average of $78.88 and a two-hundred day simple moving average of $64.03. abrdn Physical Silver Shares ETF has a 1-year low of $27.86 and a 1-year 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.