1832 Asset Management L.P. Buys 148,242 Shares of Global X Silver Miners ETF (NYSEARCA:SIL)

1832 Asset Management L.P. raised its stake in Global X Silver Miners ETF (NYSEARCA:SIL) by 12.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,349,520 shares of the company’s stock after buying an additional 148,242 shares during the period. 1832 Asset Management L.P. owned about 4.02% of Global X Silver Miners ETF worth $37,058,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in SIL. One Plus One Wealth Management LLC lifted its stake 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 purchasing an additional 122,379 shares during the period. PCG Wealth Advisors LLC boosted its stake in Global X Silver Miners ETF by 5.7% during the first quarter. PCG Wealth Advisors LLC now owns 166,305 shares of the company’s stock worth $4,567,000 after acquiring an additional 8,941 shares in the last quarter. Raymond James & Associates grew its holdings in Global X Silver Miners ETF by 12.3% in the fourth quarter. Raymond James & Associates now owns 141,445 shares of the company’s stock worth $4,013,000 after purchasing an additional 15,456 shares during the period. Commonwealth Equity Services LLC raised its holdings in shares of Global X Silver Miners ETF by 2.1% during the first quarter. Commonwealth Equity Services LLC now owns 99,344 shares of the company’s stock valued at $2,728,000 after purchasing an additional 2,084 shares during the period. Finally, Anthracite Investment Company Inc. acquired a new position in shares of Global X Silver Miners ETF during the fourth quarter valued at about $2,325,000.

Global X Silver Miners ETF Trading Up 0.3 %

Shares of SIL traded up $0.10 during trading hours on Friday, reaching $33.24. The stock had a trading volume of 659,819 shares, compared to its average volume of 631,631. The firm has a 50-day simple moving average of $33.35 and a 200 day simple moving average of $29.60. Global X Silver Miners ETF has a 12 month low of $22.57 and a 12 month high of $36.75. The company has a market capitalization of $1.12 billion, a price-to-earnings ratio of 25.53 and a beta of 0.95.

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.