Altfest L J & Co. Inc. Buys Shares of 82,120 Global X Silver Miners ETF $SIL

Altfest L J & Co. Inc. purchased a new stake in Global X Silver Miners ETF (NYSEARCA:SIL) in the 3rd quarter, HoldingsChannel.com reports. The firm purchased 82,120 shares of the company’s stock, valued at approximately $5,882,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Encompass More Asset Management boosted its position in Global X Silver Miners ETF by 39.2% during the third quarter. Encompass More Asset Management now owns 37,516 shares of the company’s stock valued at $2,687,000 after purchasing an additional 10,573 shares in the last quarter. Baird Financial Group Inc. lifted its position in shares of Global X Silver Miners ETF by 39.2% during the second quarter. Baird Financial Group Inc. now owns 170,802 shares of the company’s stock valued at $8,222,000 after buying an additional 48,107 shares during the last quarter. Capital Fund Management S.A. purchased a new stake in shares of Global X Silver Miners ETF during the second quarter valued at about $1,564,000. Cetera Investment Advisers boosted its holdings in shares of Global X Silver Miners ETF by 12.8% in the 2nd quarter. Cetera Investment Advisers now owns 213,696 shares of the company’s stock valued at $10,287,000 after buying an additional 24,249 shares in the last quarter. Finally, CWM LLC purchased a new position in shares of Global X Silver Miners ETF in the 2nd quarter worth approximately $107,000.

Global X Silver Miners ETF Stock Down 0.6%

NYSEARCA SIL opened at $83.01 on Friday. Global X Silver Miners ETF has a 52 week low of $31.60 and a 52 week high of $90.29. The company has a 50 day moving average price of $74.93 and a 200 day moving average price of $64.05. The firm has a market cap of $4.89 billion, a PE ratio of 32.07 and a beta of 0.71.

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.