abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) Shares Sold by Paul R. Ried Financial Group LLC

Paul R. Ried Financial Group LLC lowered its position in abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 16.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 30,906 shares of the company’s stock after selling 6,284 shares during the quarter. abrdn Physical Silver Shares ETF comprises about 0.7% of Paul R. Ried Financial Group LLC’s holdings, making the stock its 19th biggest holding. Paul R. Ried Financial Group LLC owned approximately 0.06% of abrdn Physical Silver Shares ETF worth $1,005,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SIVR. CBIZ Investment Advisory Services LLC acquired a new position in shares of abrdn Physical Silver Shares ETF in the 4th quarter valued at $27,000. Steward Partners Investment Advisory LLC raised its holdings in abrdn Physical Silver Shares ETF by 138.4% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,006 shares of the company’s stock valued at $28,000 after buying an additional 584 shares during the period. Sunbelt Securities Inc. acquired a new position in abrdn Physical Silver Shares ETF in the fourth quarter valued at about $37,000. CoreFirst Bank & Trust purchased a new position in abrdn Physical Silver Shares ETF during the fourth quarter worth about $39,000. Finally, BNP Paribas Financial Markets acquired a new stake in shares of abrdn Physical Silver Shares ETF during the fourth quarter valued at about $73,000.

abrdn Physical Silver Shares ETF Price Performance

abrdn Physical Silver Shares ETF stock opened at $35.12 on Friday. The company’s 50 day simple moving average is $32.80 and its 200-day simple moving average is $31.05. abrdn Physical Silver Shares ETF has a 1 year low of $25.41 and a 1 year high of $35.52.

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.