Foundations Investment Advisors LLC Takes Position in Global X Silver Miners ETF $SIL

Foundations Investment Advisors LLC bought a new position in Global X Silver Miners ETF (NYSEARCA:SIL) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 105,993 shares of the company’s stock, valued at approximately $7,592,000. Foundations Investment Advisors LLC owned about 0.20% of Global X Silver Miners ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. AE Wealth Management LLC grew its position in shares of Global X Silver Miners ETF by 26.9% in the 2nd quarter. AE Wealth Management LLC now owns 995 shares of the company’s stock worth $48,000 after buying an additional 211 shares during the last quarter. SBI Securities Co. Ltd. lifted its stake in Global X Silver Miners ETF by 31.4% in the second quarter. SBI Securities Co. Ltd. now owns 891 shares of the company’s stock worth $43,000 after acquiring an additional 213 shares during the period. Creative Planning boosted its holdings in Global X Silver Miners ETF by 1.2% in the second quarter. Creative Planning now owns 19,867 shares of the company’s stock valued at $956,000 after acquiring an additional 236 shares in the last quarter. Anson Capital Inc. increased its position in Global X Silver Miners ETF by 3.8% during the 2nd quarter. Anson Capital Inc. now owns 6,991 shares of the company’s stock valued at $337,000 after purchasing an additional 255 shares during the period. Finally, RFG Advisory LLC increased its position in Global X Silver Miners ETF by 3.1% during the 2nd quarter. RFG Advisory LLC now owns 10,242 shares of the company’s stock valued at $493,000 after purchasing an additional 304 shares during the period.

Global X Silver Miners ETF Trading Down 3.4%

NYSEARCA:SIL opened at $110.66 on Friday. The company has a 50-day moving average price of $87.58 and a 200-day moving average price of $70.80. The stock has a market cap of $7.17 billion, a price-to-earnings ratio of 32.07 and a beta of 0.71. Global X Silver Miners ETF has a 12 month low of $33.11 and a 12 month high of $119.24.

About Global X Silver Miners ETF

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.