Fmr LLC Has $30,000 Stock Position in Global X Silver Miners ETF (NYSEARCA:SIL)

Fmr LLC raised its position in shares of Global X Silver Miners ETF (NYSEARCA:SIL) by 260.4% in the third quarter, HoldingsChannel.com reports. The firm owned 865 shares of the company’s stock after purchasing an additional 625 shares during the quarter. Fmr LLC’s holdings in Global X Silver Miners ETF were worth $30,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of SIL. International Assets Investment Management LLC purchased a new position in shares of Global X Silver Miners ETF during the second quarter valued at approximately $29,000. Arlington Trust Co LLC purchased a new stake in shares of Global X Silver Miners ETF in the third quarter worth about $114,000. Jeppson Wealth Management LLC purchased a new position in shares of Global X Silver Miners ETF during the 2nd quarter valued at $213,000. Well Done LLC bought a new position in Global X Silver Miners ETF in the 3rd quarter worth about $245,000. Finally, NorthRock Partners LLC bought a new stake in Global X Silver Miners ETF during the third quarter valued at approximately $351,000.

Global X Silver Miners ETF Price Performance

Shares of NYSEARCA SIL opened at $33.85 on Thursday. Global X Silver Miners ETF has a one year low of $22.58 and a one year high of $42.29. The firm’s 50 day simple moving average is $37.17 and its two-hundred day simple moving average is $34.69. The stock has a market capitalization of $1.14 billion, a P/E ratio of 25.53 and a beta of 0.95.

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.