Global X Silver Miners ETF $SIL Position Trimmed by Royal Bank of Canada

Royal Bank of Canada trimmed its holdings in shares of Global X Silver Miners ETF (NYSEARCA:SIL) by 36.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 117,154 shares of the company’s stock after selling 66,348 shares during the period. Royal Bank of Canada’s holdings in Global X Silver Miners ETF were worth $10,553,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. CIBC Private Wealth Group LLC boosted its holdings in shares of Global X Silver Miners ETF by 204.7% in the 4th quarter. CIBC Private Wealth Group LLC now owns 323 shares of the company’s stock valued at $27,000 after buying an additional 217 shares during the period. TD Waterhouse Canada Inc. raised its stake in Global X Silver Miners ETF by 133.3% during the fourth quarter. TD Waterhouse Canada Inc. now owns 350 shares of the company’s stock worth $29,000 after acquiring an additional 200 shares during the period. Evelyn Partners Investment Management LLP acquired a new stake in Global X Silver Miners ETF during the fourth quarter worth about $32,000. EFG International AG acquired a new stake in Global X Silver Miners ETF during the fourth quarter worth about $33,000. Finally, Sound Income Strategies LLC lifted its holdings in 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 worth $36,000 after acquiring an additional 313 shares during the last quarter.

Global X Silver Miners ETF Stock Up 6.3%

Shares of SIL stock opened at $88.50 on Friday. The business has a 50 day moving average of $79.11 and a two-hundred day moving average of $91.00. Global X Silver Miners ETF has a 52 week low of $51.93 and a 52 week high of $119.24. The company has a market cap of $4.75 billion, a P/E ratio of 32.07 and a beta of 0.84.

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.