119,748 abrdn Physical Silver Shares ETF $SIVR Shares Acquired by New York Life Investment Management LLC

New York Life Investment Management LLC lifted its holdings in shares of abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 601.5% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 139,657 shares of the company’s stock after acquiring an additional 119,748 shares during the period. New York Life Investment Management LLC’s holdings in abrdn Physical Silver Shares ETF were worth $8,004,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Kings Path Partners LLC acquired a new stake in abrdn Physical Silver Shares ETF in the 3rd quarter worth approximately $26,000. Curry Webb Wealth Management LLC acquired a new position in abrdn Physical Silver Shares ETF during the 3rd quarter valued at approximately $26,000. Continuum Advisory LLC purchased a new position in shares of abrdn Physical Silver Shares ETF in the second quarter worth $27,000. Archer Investment Corp purchased a new position in shares of abrdn Physical Silver Shares ETF in the first quarter worth $28,000. Finally, Root Financial Partners LLC purchased a new position in shares of abrdn Physical Silver Shares ETF in the third quarter worth $30,000.

abrdn Physical Silver Shares ETF Price Performance

Shares of SIVR opened at $47.47 on Friday. abrdn Physical Silver Shares ETF has a 1-year low of $46.38 and a 1-year high of $115.26. The company’s fifty day moving average price is $55.95 and its 200-day moving average price is $65.77.

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.