Global X Silver Miners ETF (NYSEARCA:SIL) Sees Strong Trading Volume

Global X Silver Miners ETF (NYSEARCA:SILGet Free Report) saw unusually-strong trading volume on Wednesday . Approximately 248,468 shares were traded during mid-day trading, a decline of 61% from the previous session’s volume of 629,649 shares.The stock last traded at $32.58 and had previously closed at $31.22.

Global X Silver Miners ETF Stock Up 4.0 %

The firm has a market capitalization of $1.09 billion, a PE ratio of 25.53 and a beta of 0.95. The firm’s 50 day moving average price is $32.67 and its two-hundred day moving average price is $28.87.

Institutional Trading of Global X Silver Miners ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Cetera Investment Advisers raised its holdings in Global X Silver Miners ETF by 286.0% in the first quarter. Cetera Investment Advisers now owns 67,411 shares of the company’s stock valued at $1,851,000 after acquiring an additional 49,949 shares in the last quarter. 1832 Asset Management L.P. raised its holdings in Global X Silver Miners ETF by 12.3% in the first quarter. 1832 Asset Management L.P. now owns 1,349,520 shares of the company’s stock valued at $37,058,000 after acquiring an additional 148,242 shares in the last quarter. CreativeOne Wealth LLC acquired a new stake in Global X Silver Miners ETF in the first quarter valued at $235,000. SG Americas Securities LLC acquired a new stake in Global X Silver Miners ETF in the first quarter valued at $919,000. Finally, Geneos Wealth Management Inc. raised its holdings in Global X Silver Miners ETF by 9.8% in the first quarter. Geneos Wealth Management Inc. now owns 35,950 shares of the company’s stock valued at $987,000 after acquiring an additional 3,200 shares in the last quarter.

Global X Silver Miners ETF Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Global X Silver Miners ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X Silver Miners ETF and related companies with MarketBeat.com's FREE daily email newsletter.