Lombard Odier Asset Management USA Corp Purchases New Position in abrdn Physical Silver Shares ETF $SIVR

Lombard Odier Asset Management USA Corp purchased a new stake in abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 13,887 shares of the company’s stock, valued at approximately $939,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SIVR. JPMorgan Chase & Co. boosted its holdings in abrdn Physical Silver Shares ETF by 243.1% in the third quarter. JPMorgan Chase & Co. now owns 5,966,410 shares of the company’s stock valued at $265,386,000 after purchasing an additional 4,227,392 shares in the last quarter. Tradewinds Capital Management LLC boosted its holdings in abrdn Physical Silver Shares ETF by 65,521.7% in the fourth quarter. Tradewinds Capital Management LLC now owns 696,246 shares of the company’s stock valued at $47,094,000 after purchasing an additional 695,185 shares in the last quarter. Bank of America Corp DE boosted its holdings in abrdn Physical Silver Shares ETF by 55.1% in the third quarter. Bank of America Corp DE now owns 1,627,112 shares of the company’s stock valued at $72,374,000 after purchasing an additional 578,217 shares in the last quarter. Southeast Asset Advisors LLC acquired a new stake in shares of abrdn Physical Silver Shares ETF in the fourth quarter valued at approximately $29,916,000. Finally, McIlrath & Eck LLC acquired a new stake in shares of abrdn Physical Silver Shares ETF in the second quarter valued at approximately $12,149,000.

abrdn Physical Silver Shares ETF Price Performance

SIVR stock opened at $66.60 on Wednesday. abrdn Physical Silver Shares ETF has a twelve month low of $33.63 and a twelve month high of $115.26. The business has a 50 day simple moving average of $71.71 and a 200-day simple moving average of $73.43.

abrdn Physical Silver Shares ETF Company Profile

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.