Gibbs Wealth Management Acquires Shares of 9,160 abrdn Physical Silver Shares ETF $SIVR

Gibbs Wealth Management purchased a new position in shares of abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 9,160 shares of the company’s stock, valued at approximately $656,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB lifted its stake in shares of 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 purchasing an additional 393 shares during the period. Kohmann Bosshard Financial Services LLC purchased a new position in abrdn Physical Silver Shares ETF during the first quarter worth $27,000. Archer Investment Corp acquired a new position in abrdn Physical Silver Shares ETF in the 1st quarter valued at about $28,000. Sankala Group LLC acquired a new position in shares of abrdn Physical Silver Shares ETF in the fourth quarter valued at approximately $34,000. Finally, FLP Wealth Management LLC grew its position in shares of abrdn Physical Silver Shares ETF by 48.2% in the first quarter. FLP Wealth Management LLC now owns 501 shares of the company’s stock valued at $36,000 after purchasing an additional 163 shares during the period.

abrdn Physical Silver Shares ETF Trading Up 1.0%

Shares of SIVR stock opened at $55.28 on Friday. abrdn Physical Silver Shares ETF has a 1-year low of $34.74 and a 1-year high of $115.26. The firm’s 50-day simple moving average is $62.16 and its 200-day simple moving average is $72.33.

About abrdn Physical Silver Shares ETF

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.