Norris Financial Group LLC Invests $2.61 Million in Global X Silver Miners ETF $SIL

Norris Financial Group LLC purchased a new position in Global X Silver Miners ETF (NYSEARCA:SIL) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 29,004 shares of the company’s stock, valued at approximately $2,613,000.

Several other large investors also recently added to or reduced their stakes in SIL. CIBC Private Wealth Group LLC increased its position in shares of Global X Silver Miners ETF by 204.7% during the fourth quarter. CIBC Private Wealth Group LLC now owns 323 shares of the company’s stock worth $27,000 after acquiring an additional 217 shares during the period. TD Waterhouse Canada Inc. boosted its holdings in shares of Global X Silver Miners ETF by 133.3% in the fourth quarter. TD Waterhouse Canada Inc. now owns 350 shares of the company’s stock valued at $29,000 after purchasing an additional 200 shares during the period. Evelyn Partners Investment Management LLP purchased a new stake in shares of Global X Silver Miners ETF in the fourth quarter valued at approximately $32,000. EFG International AG purchased a new stake in shares of Global X Silver Miners ETF in the fourth quarter valued at approximately $33,000. Finally, EverSource Wealth Advisors LLC bought a new position in Global X Silver Miners ETF in the first quarter worth approximately $35,000.

Global X Silver Miners ETF Stock Up 4.5%

SIL opened at $76.19 on Friday. The stock’s fifty day moving average is $80.26 and its two-hundred day moving average is $91.60. The company has a market capitalization of $4.10 billion, a P/E ratio of 32.07 and a beta of 0.83. Global X Silver Miners ETF has a 52 week low of $47.09 and a 52 week high of $119.24.

Global X Silver Miners ETF Company Profile

The Global X Silver Miners ETF (SIL) is an exchange-traded fund that mostly invests in materials equity. The fund tracks a market-cap-weighted index of companies actively engaged in the silver mining industry. SIL was launched on Apr 19, 2010 and is managed by Global X.