Harbor Investment Advisory LLC Raises Holdings in Global X Silver Miners ETF (NYSEARCA:SIL)

Harbor Investment Advisory LLC boosted its stake in shares of Global X Silver Miners ETF (NYSEARCA:SIL) by 9.0% during the 4th quarter, Holdings Channel reports. The firm owned 17,083 shares of the company’s stock after acquiring an additional 1,404 shares during the quarter. Harbor Investment Advisory LLC’s holdings in Global X Silver Miners ETF were worth $543,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the stock. Envestnet Asset Management Inc. increased its holdings in Global X Silver Miners ETF by 21.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 121,219 shares of the company’s stock worth $3,781,000 after buying an additional 21,639 shares during the period. Creative Planning acquired a new stake in shares of Global X Silver Miners ETF in the second quarter worth $548,000. SPC Financial Inc. acquired a new stake in shares of Global X Silver Miners ETF in the second quarter worth $599,000. Cetera Investment Advisers lifted its position in Global X Silver Miners ETF by 140.7% during the second quarter. Cetera Investment Advisers now owns 162,245 shares of the company’s stock valued at $5,060,000 after purchasing an additional 94,834 shares during the period. Finally, SG Americas Securities LLC boosted its holdings in Global X Silver Miners ETF by 184.8% in the third quarter. SG Americas Securities LLC now owns 24,706 shares of the company’s stock valued at $867,000 after purchasing an additional 16,032 shares during the last quarter.

Global X Silver Miners ETF Stock Performance

Shares of SIL opened at $33.52 on Wednesday. The company has a market capitalization of $1.12 billion, a P/E ratio of 25.53 and a beta of 0.95. The business’s 50-day moving average is $34.84 and its two-hundred day moving average is $34.85. Global X Silver Miners ETF has a fifty-two week low of $22.58 and a fifty-two week high of $42.29.

Global X Silver Miners ETF Company 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.