Focus Financial Network Inc. Has $343,000 Stock Position in abrdn Physical Silver Shares ETF (NYSEARCA:SIVR)

Focus Financial Network Inc. lowered its position in shares of abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 8.8% in the first quarter, HoldingsChannel reports. The fund owned 10,550 shares of the company’s stock after selling 1,013 shares during the period. Focus Financial Network Inc.’s holdings in abrdn Physical Silver Shares ETF were worth $343,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Bank of America Corp DE boosted its holdings in shares of abrdn Physical Silver Shares ETF by 57.9% in the 4th quarter. Bank of America Corp DE now owns 858,806 shares of the company’s stock valued at $23,677,000 after buying an additional 314,793 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in abrdn Physical Silver Shares ETF during the 4th quarter valued at $6,937,000. LPL Financial LLC lifted its holdings in abrdn Physical Silver Shares ETF by 30.1% during the 4th quarter. LPL Financial LLC now owns 903,961 shares of the company’s stock valued at $24,922,000 after purchasing an additional 209,329 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in abrdn Physical Silver Shares ETF by 36.0% during the 4th quarter. Wells Fargo & Company MN now owns 603,840 shares of the company’s stock valued at $16,648,000 after purchasing an additional 159,852 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in abrdn Physical Silver Shares ETF by 33.8% during the 4th quarter. JPMorgan Chase & Co. now owns 241,215 shares of the company’s stock valued at $6,650,000 after purchasing an additional 60,994 shares during the last quarter.

abrdn Physical Silver Shares ETF Stock Down 0.3%

Shares of abrdn Physical Silver Shares ETF stock opened at $34.58 on Friday. The business has a fifty day simple moving average of $31.66 and a two-hundred day simple moving average of $30.55. abrdn Physical Silver Shares ETF has a 1 year low of $25.41 and a 1 year high of $35.17.

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.