Global X Silver Miners ETF (NYSEARCA:SIL) Shares Bought by Stifel Financial Corp

Stifel Financial Corp raised its position in shares of Global X Silver Miners ETF (NYSEARCA:SIL) by 40.9% in the third quarter, Holdings Channel.com reports. The fund owned 38,136 shares of the company’s stock after acquiring an additional 11,063 shares during the quarter. Stifel Financial Corp’s holdings in Global X Silver Miners ETF were worth $1,338,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in SIL. International Assets Investment Management LLC purchased a new stake in Global X Silver Miners ETF during the 2nd quarter valued at about $29,000. FMR LLC increased its holdings in shares of Global X Silver Miners ETF by 260.4% in the third quarter. FMR LLC now owns 865 shares of the company’s stock valued at $30,000 after purchasing an additional 625 shares during the last quarter. Arlington Trust Co LLC purchased a new position in Global X Silver Miners ETF during the third quarter worth approximately $114,000. Jeppson Wealth Management LLC acquired a new position in Global X Silver Miners ETF during the second quarter worth $213,000. Finally, Well Done LLC purchased a new stake in Global X Silver Miners ETF in the 3rd quarter valued at $245,000.

Global X Silver Miners ETF Stock Up 0.1 %

NYSEARCA SIL opened at $33.30 on Friday. The business’s fifty day simple moving average is $37.33 and its 200-day simple moving average is $34.65. The firm has a market cap of $1.12 billion, a PE 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.