Global X Silver Miners ETF $SIL Stock Holdings Reduced by PCG Wealth Advisors LLC

PCG Wealth Advisors LLC lowered its holdings in Global X Silver Miners ETF (NYSEARCA:SIL) by 23.6% in the 2nd quarter, HoldingsChannel reports. The firm owned 317,038 shares of the company’s stock after selling 97,681 shares during the quarter. Global X Silver Miners ETF comprises approximately 7.8% of PCG Wealth Advisors LLC’s holdings, making the stock its 2nd largest holding. PCG Wealth Advisors LLC’s holdings in Global X Silver Miners ETF were worth $15,262,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. grew its stake in Global X Silver Miners ETF by 1.5% in the first quarter. Envestnet Asset Management Inc. now owns 124,517 shares of the company’s stock valued at $4,912,000 after purchasing an additional 1,893 shares during the last quarter. CWM LLC bought a new position in shares of Global X Silver Miners ETF during the 2nd quarter worth approximately $107,000. Cerity Partners LLC lifted its position in Global X Silver Miners ETF by 37.7% during the first quarter. Cerity Partners LLC now owns 21,033 shares of the company’s stock valued at $830,000 after acquiring an additional 5,754 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in Global X Silver Miners ETF by 335.3% in the second quarter. Farther Finance Advisors LLC now owns 3,700 shares of the company’s stock valued at $178,000 after acquiring an additional 2,850 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd purchased a new position in Global X Silver Miners ETF in the second quarter worth $929,000.

Global X Silver Miners ETF Price Performance

Shares of SIL stock opened at $67.72 on Tuesday. Global X Silver Miners ETF has a 1-year low of $31.37 and a 1-year high of $80.72. The company has a market cap of $3.71 billion, a price-to-earnings ratio of 32.07 and a beta of 0.71. The stock’s fifty day moving average price is $67.90 and its 200 day moving average price is $54.84.

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.