abrdn Physical Silver Shares ETF (NYSEARCA:SIVR) Reaches New 52-Week High – Time to Buy?

by · The Cerbat Gem

abrdn Physical Silver Shares ETF (NYSEARCA:SIVR – Get Free Report) shares hit a new 52-week high during trading on Monday . The company traded as high as $81.27 and last traded at $81.1940, with a volume of 1340696 shares. The stock had previously closed at $75.99.

abrdn Physical Silver Shares ETF Stock Up 6.6%

The stock has a fifty day moving average price of $58.24 and a two-hundred day moving average price of $46.34.

Institutional Trading of abrdn Physical Silver Shares ETF

Several institutional investors have recently made changes to their positions in SIVR. Wilmington Savings Fund Society FSB grew its position in shares of abrdn Physical Silver Shares ETF by 245.6% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 553 shares of the company’s stock valued at $25,000 after acquiring an additional 393 shares during the period. Stone House Investment Management LLC bought a new position in abrdn Physical Silver Shares ETF during the second quarter valued at $28,000. CoreFirst Bank & Trust purchased a new stake in abrdn Physical Silver Shares ETF in the second quarter worth $48,000. AdvisorNet Financial Inc increased its position in abrdn Physical Silver Shares ETF by 48.1% in the third quarter. AdvisorNet Financial Inc now owns 1,189 shares of the company’s stock worth $53,000 after buying an additional 386 shares during the last quarter. Finally, Trust Co. of Vermont bought a new stake in shares of abrdn Physical Silver Shares ETF in the second quarter valued at $56,000.

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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