Global X Silver Miners ETF (NYSEARCA:SIL) Hits New 12-Month High at $33.50

Global X Silver Miners ETF (NYSEARCA:SIL)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as $33.50 and last traded at $33.44, with a volume of 1734266 shares trading hands. The stock had previously closed at $31.83.

Global X Silver Miners ETF Stock Performance

The firm’s 50-day simple moving average is $28.71 and its 200 day simple moving average is $26.81. The company has a market cap of $1.12 billion, a P/E ratio of 25.53 and a beta of 0.95.

Institutional Trading of Global X Silver Miners ETF

A number of large investors have recently made changes to their positions in SIL. One Plus One Wealth Management LLC increased its position in shares of Global X Silver Miners ETF by 188.9% in the 4th quarter. One Plus One Wealth Management LLC now owns 187,181 shares of the company’s stock valued at $5,310,000 after buying an additional 122,379 shares in the last quarter. Anthracite Investment Company Inc. bought a new position in Global X Silver Miners ETF during the 4th quarter worth about $2,325,000. Wynnefield Capital Inc. bought a new position in Global X Silver Miners ETF during the 3rd quarter worth about $1,195,000. Citizens Financial Group Inc. RI bought a new position in Global X Silver Miners ETF during the 4th quarter worth about $1,393,000. Finally, GSA Capital Partners LLP bought a new position in Global X Silver Miners ETF during the 1st quarter worth about $1,172,000.

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.