Balefire LLC Makes New $1.43 Million Investment in Global X Silver Miners ETF $SIL

Balefire LLC purchased a new stake in shares of Global X Silver Miners ETF (NYSEARCA:SIL) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 16,583 shares of the company’s stock, valued at approximately $1,426,000.

Several other institutional investors have also modified their holdings of SIL. Go Invest LLC bought a new stake in Global X Silver Miners ETF in the 3rd quarter valued at about $31,000. Evelyn Partners Investment Management LLP bought a new position in Global X Silver Miners ETF in the 4th quarter worth about $32,000. EverSource Wealth Advisors LLC acquired a new stake in shares of Global X Silver Miners ETF in the first quarter valued at approximately $35,000. Sound Income Strategies LLC increased its stake in shares of Global X Silver Miners ETF by 428.8% in the first quarter. Sound Income Strategies LLC now owns 386 shares of the company’s stock valued at $36,000 after purchasing an additional 313 shares during the period. Finally, Roble Belko & Company Inc bought a new stake in shares of Global X Silver Miners ETF during the first quarter valued at approximately $40,000.

Global X Silver Miners ETF Price Performance

Shares of NYSEARCA SIL traded up $2.17 during midday trading on Friday, hitting $86.85. 674,250 shares of the company’s stock were exchanged, compared to its average volume of 2,196,075. Global X Silver Miners ETF has a twelve month low of $61.80 and a twelve month high of $119.24. The firm has a market cap of $4.43 billion, a P/E ratio of 32.07 and a beta of 0.86. The stock’s 50 day moving average price is $92.00 and its 200-day moving average price is $88.11.

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.