JPMorgan Chase & Co. Grows Holdings in abrdn Physical Silver Shares ETF $SIVR

JPMorgan Chase & Co. raised its stake in abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) by 3,290.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,739,018 shares of the company’s stock after buying an additional 1,687,728 shares during the period. JPMorgan Chase & Co.’s holdings in abrdn Physical Silver Shares ETF were worth $59,840,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Western Wealth Management LLC increased its stake in abrdn Physical Silver Shares ETF by 30.8% in the second quarter. Western Wealth Management LLC now owns 10,591 shares of the company’s stock valued at $364,000 after acquiring an additional 2,495 shares during the last quarter. Rockefeller Capital Management L.P. boosted its holdings in shares of abrdn Physical Silver Shares ETF by 1.6% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 55,481 shares of the company’s stock worth $1,909,000 after purchasing an additional 863 shares in the last quarter. Kingsview Wealth Management LLC boosted its holdings in shares of abrdn Physical Silver Shares ETF by 3.8% in the 2nd quarter. Kingsview Wealth Management LLC now owns 11,449 shares of the company’s stock worth $394,000 after purchasing an additional 420 shares in the last quarter. Cetera Investment Advisers increased its position in shares of abrdn Physical Silver Shares ETF by 18.2% during the 2nd quarter. Cetera Investment Advisers now owns 226,791 shares of the company’s stock valued at $7,804,000 after purchasing an additional 34,945 shares during the last quarter. Finally, Creative Planning raised its holdings in shares of abrdn Physical Silver Shares ETF by 32.7% during the 2nd quarter. Creative Planning now owns 16,462 shares of the company’s stock valued at $566,000 after buying an additional 4,053 shares in the last quarter.

abrdn Physical Silver Shares ETF Stock Performance

NYSEARCA:SIVR opened at $53.71 on Friday. The business has a 50 day moving average of $47.01 and a 200 day moving average of $39.61. abrdn Physical Silver Shares ETF has a 1-year low of $27.45 and a 1-year high of $53.80.

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.