abrdn Physical Silver Shares ETF $SIVR Holdings Cut by Sowell Financial Services LLC

Sowell Financial Services LLC lessened its stake in shares of abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 34.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 27,351 shares of the company’s stock after selling 14,188 shares during the quarter. Sowell Financial Services LLC’s holdings in abrdn Physical Silver Shares ETF were worth $1,567,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. NewEdge Advisors LLC raised its holdings in shares of abrdn Physical Silver Shares ETF by 79.9% during the second quarter. NewEdge Advisors LLC now owns 289,887 shares of the company’s stock valued at $16,297,000 after purchasing an additional 128,754 shares during the last quarter. Avior Wealth Management LLC lifted its position in abrdn Physical Silver Shares ETF by 19.3% during the third quarter. Avior Wealth Management LLC now owns 93,415 shares of the company’s stock valued at $5,354,000 after purchasing an additional 15,104 shares during the period. Private Advisor Group LLC boosted its holdings in abrdn Physical Silver Shares ETF by 28.7% in the first quarter. Private Advisor Group LLC now owns 65,855 shares of the company’s stock worth $4,716,000 after purchasing an additional 14,672 shares during the last quarter. Simplicity Wealth LLC boosted its holdings in abrdn Physical Silver Shares ETF by 6.6% in the first quarter. Simplicity Wealth LLC now owns 59,624 shares of the company’s stock worth $4,270,000 after purchasing an additional 3,717 shares during the last quarter. Finally, Wealth Watch Advisors INC boosted its holdings in abrdn Physical Silver Shares ETF by 6.9% in the first quarter. Wealth Watch Advisors INC now owns 49,012 shares of the company’s stock worth $3,510,000 after purchasing an additional 3,178 shares during the last quarter.

abrdn Physical Silver Shares ETF Stock Down 5.7%

NYSEARCA:SIVR opened at $46.88 on Friday. abrdn Physical Silver Shares ETF has a 12 month low of $44.64 and a 12 month high of $115.26. The company has a 50 day simple moving average of $58.69 and a two-hundred day simple moving average of $67.64.

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.