Banco Bilbao Vizcaya Argentaria S.A. Grows Stake in abrdn Physical Silver Shares ETF $SIVR

Banco Bilbao Vizcaya Argentaria S.A. raised its stake in abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 76.7% during the fourth quarter, Holdings Channel reports. The fund owned 1,060,062 shares of the company’s stock after buying an additional 460,062 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in abrdn Physical Silver Shares ETF were worth $73,083,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB boosted its stake in abrdn Physical Silver Shares ETF by 245.6% in the third quarter. Wilmington Savings Fund Society FSB now owns 553 shares of the company’s stock valued at $25,000 after acquiring an additional 393 shares during the last quarter. Motiv8 Investments LLC purchased a new position in abrdn Physical Silver Shares ETF in the fourth quarter valued at about $53,000. Imprint Wealth LLC boosted its stake in abrdn Physical Silver Shares ETF by 66.9% in the fourth quarter. Imprint Wealth LLC now owns 871 shares of the company’s stock valued at $59,000 after acquiring an additional 349 shares during the last quarter. Creative Financial Designs Inc. ADV boosted its stake in abrdn Physical Silver Shares ETF by 110.0% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 882 shares of the company’s stock valued at $60,000 after acquiring an additional 462 shares during the last quarter. Finally, SouthState Bank Corp boosted its stake in abrdn Physical Silver Shares ETF by 14.2% in the fourth quarter. SouthState Bank Corp now owns 1,142 shares of the company’s stock valued at $77,000 after acquiring an additional 142 shares during the last quarter.

abrdn Physical Silver Shares ETF Price Performance

NYSEARCA SIVR opened at $63.69 on Thursday. The company’s 50 day moving average is $71.60 and its 200-day moving average is $73.52. abrdn Physical Silver Shares ETF has a 12-month low of $33.63 and a 12-month 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.