abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) Shares Gap Down – Here’s What Happened

abrdn Physical Silver Shares ETF (NYSEARCA:SIVRGet Free Report)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $83.14, but opened at $71.62. abrdn Physical Silver Shares ETF shares last traded at $70.4090, with a volume of 2,877,981 shares trading hands.

Key Headlines Impacting abrdn Physical Silver Shares ETF

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

abrdn Physical Silver Shares ETF Stock Up 5.2%

The stock’s fifty day moving average is $74.31 and its two-hundred day moving average is $53.57.

Institutional Investors Weigh In On abrdn Physical Silver Shares ETF

A number of hedge funds have recently modified their holdings of SIVR. Ashton Thomas Private Wealth LLC raised its position in shares of abrdn Physical Silver Shares ETF by 2.7% during the 4th quarter. Ashton Thomas Private Wealth LLC now owns 5,704 shares of the company’s stock valued at $386,000 after buying an additional 150 shares in the last quarter. Leading Edge Financial Planning LLC grew its position in abrdn Physical Silver Shares ETF by 4.7% in the fourth quarter. Leading Edge Financial Planning LLC now owns 5,023 shares of the company’s stock worth $340,000 after acquiring an additional 227 shares in the last quarter. Comerica Bank increased its stake in abrdn Physical Silver Shares ETF by 9.6% in the fourth quarter. Comerica Bank now owns 2,640 shares of the company’s stock valued at $179,000 after acquiring an additional 231 shares during the last quarter. Braun Bostich & Associates Inc. increased its stake in abrdn Physical Silver Shares ETF by 1.2% in the fourth quarter. Braun Bostich & Associates Inc. now owns 20,271 shares of the company’s stock valued at $1,371,000 after acquiring an additional 248 shares during the last quarter. Finally, Blossom Wealth Management raised its position in abrdn Physical Silver Shares ETF by 3.5% during the third quarter. Blossom Wealth Management now owns 7,450 shares of the company’s stock valued at $331,000 after purchasing an additional 250 shares in the last quarter.

About abrdn Physical Silver Shares ETF

(Get Free Report)

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.

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