Global X Silver Miners ETF (NYSEARCA:SIL) Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC decreased its holdings in shares of Global X Silver Miners ETF (NYSEARCA:SIL) by 2.6% during the 3rd quarter, Holdings Channel.com reports. The fund owned 18,007 shares of the company’s stock after selling 472 shares during the period. HighTower Advisors LLC’s holdings in Global X Silver Miners ETF were worth $636,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Meitav Investment House Ltd. bought a new stake in Global X Silver Miners ETF in the second quarter valued at $13,098,000. PCG Wealth Advisors LLC increased its holdings in shares of Global X Silver Miners ETF by 22.5% in the 3rd quarter. PCG Wealth Advisors LLC now owns 371,859 shares of the company’s stock worth $13,049,000 after acquiring an additional 68,334 shares during the period. Cetera Investment Advisers lifted its position in Global X Silver Miners ETF by 140.7% in the 2nd 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 last quarter. Raymond James & Associates boosted its stake in Global X Silver Miners ETF by 11.4% during the 2nd quarter. Raymond James & Associates now owns 137,692 shares of the company’s stock valued at $4,295,000 after purchasing an additional 14,128 shares during the period. Finally, Envestnet Asset Management Inc. grew its position 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 purchasing an additional 21,639 shares during the last quarter.

Global X Silver Miners ETF Trading Down 0.7 %

Shares of NYSEARCA:SIL opened at $33.26 on Friday. The firm’s 50 day moving average is $37.39 and its two-hundred day moving average is $34.66. The firm has a market capitalization of $1.12 billion, a P/E ratio of 25.53 and a beta of 0.95. Global X Silver Miners ETF has a 52 week low of $22.58 and a 52 week 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.