Baird Financial Group Inc. Has $8.22 Million Stake in Global X Silver Miners ETF $SIL

Baird Financial Group Inc. lifted its stake in Global X Silver Miners ETF (NYSEARCA:SIL) by 39.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 170,802 shares of the company’s stock after purchasing an additional 48,107 shares during the quarter. Baird Financial Group Inc.’s holdings in Global X Silver Miners ETF were worth $8,222,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in the stock. Bogart Wealth LLC increased its stake in Global X Silver Miners ETF by 3,080.0% in the 2nd quarter. Bogart Wealth LLC now owns 636 shares of the company’s stock valued at $31,000 after buying an additional 616 shares during the period. SBI Securities Co. Ltd. boosted its stake in shares of Global X Silver Miners ETF by 31.4% during the 2nd quarter. SBI Securities Co. Ltd. now owns 891 shares of the company’s stock valued at $43,000 after buying an additional 213 shares during the period. AE Wealth Management LLC grew its holdings in shares of Global X Silver Miners ETF by 26.9% during the 2nd quarter. AE Wealth Management LLC now owns 995 shares of the company’s stock valued at $48,000 after acquiring an additional 211 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Global X Silver Miners ETF by 42.8% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,438 shares of the company’s stock valued at $57,000 after acquiring an additional 431 shares in the last quarter. Finally, Kiker Wealth Management LLC increased its stake in shares of Global X Silver Miners ETF by 52.2% in the second quarter. Kiker Wealth Management LLC now owns 1,750 shares of the company’s stock worth $84,000 after acquiring an additional 600 shares during the last quarter.

Global X Silver Miners ETF Trading Down 1.7%

Shares of NYSEARCA:SIL opened at $74.74 on Tuesday. The firm has a market cap of $4.10 billion, a price-to-earnings ratio of 32.07 and a beta of 0.71. Global X Silver Miners ETF has a 1 year low of $31.37 and a 1 year high of $80.72. The business has a fifty day simple moving average of $70.39 and a 200 day simple moving average of $59.20.

Global X Silver Miners ETF Company 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.