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Abrdn Silver Etf Trust  (SIVR)
Other Ticker:  
 
    Sector  Financial    Industry Exchange Traded Funds Etf
 
Price: $28.2400 $0.01 0.035%
Day's High: $28.41 Week Perf: 0.25 %
Day's Low: $ 28.15 30 Day Perf: -4.34 %
Volume (M): 632 52 Wk High: $ 30.93
Volume (M$): $ 17,845 52 Wk Avg: $23.58
Open: $28.34 52 Wk Low: $19.83



 Market Capitalization (Millions $) 1,322
 Shares Outstanding (Millions) 47
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -13
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Abrdn Silver Etf Trust
The Abrdn Silver Etf Trust is an exchange-traded fund (ETF) that is designed to track the performance of silver bullion. It allows investors to gain exposure to the price of silver without owning physical silver itself. The ETF is managed by Abrdn, a global asset management company, and it holds physical silver bars in secure vaults.

Investors can buy and sell shares of the ETF on stock exchanges throughout the trading day, making it a convenient and liquid investment option. The trust is structured as a grantor trust, which means that the assets are owned by the trust and not the shareholders. The trust's net asset value (NAV) is calculated daily based on the market value of the silver held.

Investing in the Abrdn Silver Etf Trust provides investors with a way to participate in the price movements of silver, which can be influenced by factors such as industrial demand, investor sentiment, and macroeconomic conditions. It offers diversification benefits to a portfolio, as silver prices often have a low correlation with other asset classes.

Overall, the Abrdn Silver Etf Trust is a vehicle for investors to gain exposure to the silver market through the convenience and accessibility of an ETF.


   Company Address: 1900 Market Street Philadelphia 19103 PA
   Company Phone Number: 383-7289   Stock Exchange / Ticker: NYSEArca SIVR
   


   

Stock Performances by Major Competitors

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Abrdn Silver Etf Trust

Abrdn Silver ETF Trust Reveals Game-Changing Financial Results for Q3 2023: Unveiling the Future of Exchange-Traded Funds

The stock market has been an exciting place to be lately, especially for savvy investors who have been keeping a close eye on the SIVR. With the recent earnings cycle from July to September 2023, there have been no major surprises for shareholders. However, it's important to note that the company did experience an operating shortfall of $-0.835 million during the same period.
Despite this slight setback, the firm's overall performance remains promising. Shareholders have taken a smart approach to interpreting the financial outcome of the third quarter of 2023, and it is clear that the company is currently on the right track. In fact, when compared to the same period in 2022, the operating surplus has increased to $0.699 million.

Abrdn Silver Etf Trust

Abrdn Silver ETF Trust Reports Operating Shortfall of $-0.822 Million in Recent Fiscal Period, Raises Expectations of Future Revenue Growth

After the bellwethers in the Exchange Traded Funds (ETF) industry, there are a few overlooked businesses that are set to release their respective earnings. One such business is SIVR, which recently announced an operating shortfall of $-0.822 million for the second quarter of 2023. This has raised expectations among market participants that additional revenue streams will be forthcoming in the near future. Shareholders, however, are not overly concerned about the current operational performance of the ETF company.
One positive development for SIVR is that there has been some improvement on the bottom line compared to the same period last year. The diminishing returns have been cut, which was a significant decision in the fiscal second quarter of 2023. The loss for this quarter stood at $-70.069 million, while in the second quarter of 2022, it was $-225.879 million. This reduction in losses is an encouraging sign for shareholders and indicates potential future growth.

Abrdn Silver Etf Trust

Abrdn Silver Etf Trust Shines Bright with Astonishing First Quarter 2023 Returns

Investors and analysts have been following the Investment Services sector over the first quarter of 2023 with great interest. One of the most eye-catching performers has been the Abrdn Silver Etf Trust, which today announced operating profits of $0.795 million, marking a significant improvement on the previous year.
The corporation's ability to compete more efficiently bodes well for its future prospects, particularly when compared to the first quarter of 2021, which saw operating losses of $-5.172 million. While the fiscal interval closing March 31 2023 was still a bit more pressing, with a net deficit of $-3.371 million, the fact that earnings had soared to $63.029 million was certainly a positive sign.






 




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