Private Advisor Group LLC Reduces Stock Position in Global X Silver Miners ETF $SIL

Private Advisor Group LLC decreased its position in Global X Silver Miners ETF (NYSEARCA:SIL) by 27.8% in the 1st quarter, HoldingsChannel reports. The firm owned 44,004 shares of the company’s stock after selling 16,910 shares during the period. Private Advisor Group LLC’s holdings in Global X Silver Miners ETF were worth $3,964,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC raised its position in shares of Global X Silver Miners ETF by 204.7% in the fourth 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 last quarter. TD Waterhouse Canada Inc. lifted its stake in shares of 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 valued at $29,000 after buying 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 approximately $32,000. EFG International AG purchased a new stake in Global X Silver Miners ETF in the 4th quarter worth approximately $33,000. Finally, Sound Income Strategies LLC grew its stake in Global X Silver Miners ETF by 428.8% in the 1st 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 period.

Global X Silver Miners ETF Stock Performance

Shares of SIL opened at $74.02 on Thursday. Global X Silver Miners ETF has a fifty-two week low of $47.09 and a fifty-two week high of $119.24. The company has a market capitalization of $4.03 billion, a PE ratio of 32.07 and a beta of 0.83. The stock has a fifty day moving average of $86.16 and a two-hundred day moving average of $92.96.

Global X Silver Miners ETF 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.