Hollencrest Capital Management Increases Stock Holdings in Global X Silver Miners ETF (NYSEARCA:SIL)

Hollencrest Capital Management increased its holdings in Global X Silver Miners ETF (NYSEARCA:SIL) by 490.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,591 shares of the company’s stock after acquiring an additional 15,441 shares during the quarter. Hollencrest Capital Management’s holdings in Global X Silver Miners ETF were worth $591,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. PCG Wealth Advisors LLC lifted its stake in Global X Silver Miners ETF by 6.5% in the fourth quarter. PCG Wealth Advisors LLC now owns 395,886 shares of the company’s stock worth $12,577,000 after acquiring an additional 24,027 shares during the period. Ballew Advisors Inc raised its holdings in Global X Silver Miners ETF by 52.2% in the fourth quarter. Ballew Advisors Inc now owns 106,772 shares of the company’s stock worth $3,407,000 after purchasing an additional 36,627 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Global X Silver Miners ETF during the fourth quarter valued at $2,766,000. SG Americas Securities LLC lifted its position in Global X Silver Miners ETF by 222.2% during the fourth quarter. SG Americas Securities LLC now owns 79,610 shares of the company’s stock valued at $2,529,000 after buying an additional 54,904 shares during the period. Finally, Vontobel Holding Ltd. lifted its position in Global X Silver Miners ETF by 4.8% during the fourth quarter. Vontobel Holding Ltd. now owns 43,500 shares of the company’s stock valued at $1,382,000 after buying an additional 2,000 shares during the period.

Global X Silver Miners ETF Trading Up 4.6 %

Shares of Global X Silver Miners ETF stock opened at $37.12 on Wednesday. The firm has a market capitalization of $1.30 billion, a P/E ratio of 24.75 and a beta of 1.07. The business has a fifty day simple moving average of $34.69 and a two-hundred day simple moving average of $35.42. Global X Silver Miners ETF has a 12 month low of $25.20 and a 12 month high of $42.29.

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.