Capital Management Associates Inc Reduces Stock Holdings in abrdn Physical Silver Shares ETF $SIVR

Capital Management Associates Inc lowered its stake in abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 1.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 347,063 shares of the company’s stock after selling 4,832 shares during the period. abrdn Physical Silver Shares ETF makes up about 3.8% of Capital Management Associates Inc’s investment portfolio, making the stock its 8th largest holding. Capital Management Associates Inc owned approximately 0.60% of abrdn Physical Silver Shares ETF worth $11,942,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of SIVR. SouthState Corp purchased a new position in abrdn Physical Silver Shares ETF during the 1st quarter worth approximately $33,000. Trust Co. of Vermont purchased a new position in abrdn Physical Silver Shares ETF during the 2nd quarter worth approximately $56,000. Janney Montgomery Scott LLC purchased a new position in abrdn Physical Silver Shares ETF during the 2nd quarter worth approximately $212,000. Geneos Wealth Management Inc. grew its position in abrdn Physical Silver Shares ETF by 45.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 6,181 shares of the company’s stock worth $201,000 after purchasing an additional 1,922 shares in the last quarter. Finally, Sigma Planning Corp purchased a new position in abrdn Physical Silver Shares ETF during the 1st quarter worth approximately $208,000.

abrdn Physical Silver Shares ETF Trading Up 2.7%

NYSEARCA SIVR opened at $46.74 on Thursday. abrdn Physical Silver Shares ETF has a twelve month low of $27.45 and a twelve month high of $47.21. The firm’s 50 day moving average price is $39.35 and its two-hundred day moving average price is $35.15.

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.