Global X Silver Miners ETF (NYSEARCA:SIL) Shares Gap Up – Time to Buy?

Shares of Global X Silver Miners ETF (NYSEARCA:SIL) gapped up prior to trading on Tuesday . The stock had previously closed at $93.32, but opened at $100.74. Global X Silver Miners ETF shares last traded at $98.26, with a volume of 684,100 shares traded.

Key Headlines Impacting Global X Silver Miners ETF

Here are the key news stories impacting Global X Silver Miners ETF this week:

• Positive Sentiment: Earlier technical rebounds and talk of defended support levels have drawn buy‑the‑dip interest that could limit further downside for silver miners in the near term. Gold (XAUUSD) & Silver Price Forecast: Gold Holds $5,000 as Silver Eyes $94—Breakout or Pause?
• Neutral Sentiment: Technical commentators are mixed — some call recent moves a pause and potential reset, not a regime change, so recovery is possible if volatility calms. Price pressure on gold, silver amid bearish outside markets
• Neutral Sentiment: Short-lived rebounds earlier this week show intermittent demand, but they failed to establish momentum — keep an eye on whether these rebounds attract sustained buying. Gold, silver extend price rebounds
• Negative Sentiment: Forced deleveraging and margin calls appear to have driven a very sharp silver selloff (double‑digit intraday drops), which directly pressures SIL because miners’ stocks correlate strongly with spot silver. Gold (XAUUSD), Silver, Platinum Forecasts – Silver Dives 13% On Deleveraging
• Negative Sentiment: Volatility remains extreme after last week’s historic moves; silver plunged again following a brief rebound, increasing downside risk for miner equities and raising the chance of continued outflows from SIL. Silver Plunges After Brief Rebound as Volatility Remains High
• Negative Sentiment: Demand risk: Pandora (large global jeweler) announced plans to reduce reliance on silver (pivoting toward platinum), which could lower jewellery demand for silver and weigh on longer‑term fundamentals for silver miners. Pandora aims to break with volatile silver market, CEO says

Global X Silver Miners ETF Stock Performance

The stock’s 50-day simple moving average is $89.78 and its 200-day simple moving average is $72.27. The firm has a market capitalization of $6.02 billion, a PE ratio of 32.07 and a beta of 0.71.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in SIL. TD Waterhouse Canada Inc. raised its holdings in 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 worth $29,000 after purchasing an additional 200 shares in the last quarter. Root Financial Partners LLC purchased a new stake in shares of Global X Silver Miners ETF in the 3rd quarter worth about $27,000. Private Trust Co. NA grew its stake in shares of Global X Silver Miners ETF by 925.0% in the 3rd quarter. Private Trust Co. NA now owns 410 shares of the company’s stock worth $29,000 after buying an additional 370 shares during the last quarter. Atlantic Union Bankshares Corp raised its stake in Global X Silver Miners ETF by 661.7% during the third quarter. Atlantic Union Bankshares Corp now owns 457 shares of the company’s stock valued at $33,000 after buying an additional 397 shares during the last quarter. Finally, Ameriflex Group Inc. increased its holdings in shares of Global X Silver Miners ETF by 100.0% during the third quarter. Ameriflex Group Inc. now owns 538 shares of the company’s stock valued at $39,000 after acquiring an additional 269 shares in the last quarter.

About Global X Silver Miners ETF

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.