abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) Hits New 1-Year High – Here’s What Happened

Shares of abrdn Physical Silver Shares ETF (NYSEARCA:SIVRGet Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as $65.95 and last traded at $65.59, with a volume of 3359956 shares traded. The stock had previously closed at $63.98.

abrdn Physical Silver Shares ETF Stock Up 2.5%

The stock’s 50 day moving average price is $51.51 and its two-hundred day moving average price is $42.72.

Institutional Investors Weigh In On abrdn Physical Silver Shares ETF

Several institutional investors have recently made changes to their positions in SIVR. Wilmington Savings Fund Society FSB raised its position 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 valued at $25,000 after acquiring an additional 393 shares in the last quarter. Stone House Investment Management LLC acquired a new position in shares of abrdn Physical Silver Shares ETF during the 2nd quarter worth $28,000. CoreFirst Bank & Trust bought a new position in shares of abrdn Physical Silver Shares ETF during the 2nd quarter valued at $48,000. AdvisorNet Financial Inc boosted its holdings 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 worth $53,000 after purchasing an additional 386 shares in the last quarter. Finally, Trust Co. of Vermont acquired a new position in abrdn Physical Silver Shares ETF during the second quarter worth $56,000.

About abrdn Physical Silver Shares ETF

(Get Free Report)

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.

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