Miller Global Investments LLC Takes Position in abrdn Physical Silver Shares ETF $SIVR

Miller Global Investments LLC purchased a new stake in abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 47,248 shares of the company’s stock, valued at approximately $3,196,000. abrdn Physical Silver Shares ETF comprises about 2.9% of Miller Global Investments LLC’s holdings, making the stock its 4th biggest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SIVR. Jones Financial Companies Lllp grew its holdings in abrdn Physical Silver Shares ETF by 9.6% during the 3rd quarter. Jones Financial Companies Lllp now owns 88,617 shares of the company’s stock worth $3,894,000 after acquiring an additional 7,733 shares during the period. Braun Bostich & Associates Inc. bought a new stake in shares of abrdn Physical Silver Shares ETF during the 3rd quarter valued at $891,000. Brookstone Capital Management acquired a new position in shares of abrdn Physical Silver Shares ETF in the 3rd quarter valued at $402,000. Eagle Strategies LLC acquired a new position in shares of abrdn Physical Silver Shares ETF in the 3rd quarter valued at $394,000. Finally, JPMorgan Chase & Co. boosted its position in shares of abrdn Physical Silver Shares ETF by 3,290.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,739,018 shares of the company’s stock worth $59,840,000 after purchasing an additional 1,687,728 shares during the last quarter.

abrdn Physical Silver Shares ETF News Roundup

Here are the key news stories impacting abrdn Physical Silver Shares ETF this week:

• Positive Sentiment: Barron’s technical call suggests silver may be nearing a bottom around $60 with a target buy at $61 — a potential entry signal that could attract bargain hunters and limit further downside for SIVR. Silver May Soon Offer an Opportunity. When You See This Price, Buy.
• Neutral Sentiment: FXEmpire notes a tug-of-war between Middle East tensions (which can lift safe-haven demand) and a hawkish Fed/hot PPI (which caps gains) — a mixed outlook that could create volatility for SIVR. Gold (XAUUSD) & Silver Price Forecast: Middle East Tensions vs. Fed – Who Wins Gold?
• Neutral Sentiment: Kitco’s long-form piece on a “great physical realignment” outlines a structural bullish case for physical silver over the long term — supportive for SIVR holders but not a catalyst for an immediate reversal. The great physical realignment: Gold $10,000, silver $200, and the death of the paper market
• Negative Sentiment: WSJ attributes the recent selloff in gold and silver to rising inflation expectations and fading hopes for interest-rate cuts — a core reason SIVR is lower today. Here’s What’s Behind the Selloff in Gold and Silver
• Negative Sentiment: Kitco and other commodity commentators report inflation worries and a hot U.S. inflation/PPI print knocked gold and silver down, pressuring SIVR. Inflation worries tank gold, silver markets
• Negative Sentiment: CNBC notes broad selling in gold and silver tied to inflation fears and Fed expectations — a fast-moving theme hitting metal ETFs like SIVR. Gold and silver sell off as inflation fears grip global markets
• Negative Sentiment: Precious-metals miners and related stocks have slid, reflecting sector-wide pressure that often amplifies ETF outflows and investor caution around physical-metal exposure. FTSE 350 precious metals miners slide as gold and silver prices retreat

abrdn Physical Silver Shares ETF Stock Performance

NYSEARCA:SIVR opened at $68.98 on Friday. abrdn Physical Silver Shares ETF has a 12-month low of $27.86 and a 12-month high of $115.26. The stock’s fifty day simple moving average is $82.50 and its 200-day simple moving average is $62.06.

abrdn Physical Silver Shares ETF 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.