Ballew Advisors Inc Trims Holdings in Global X Silver Miners ETF $SIL

Ballew Advisors Inc lessened its holdings in Global X Silver Miners ETF (NYSEARCA:SIL) by 82.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 11,997 shares of the company’s stock after selling 56,516 shares during the quarter. Ballew Advisors Inc’s holdings in Global X Silver Miners ETF were worth $1,002,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. BFI Infinity Ltd. grew its holdings in shares of Global X Silver Miners ETF by 210.6% during the fourth quarter. BFI Infinity Ltd. now owns 119,423 shares of the company’s stock valued at $9,980,000 after buying an additional 227,381 shares during the last quarter. DAVENPORT & Co LLC lifted its position in Global X Silver Miners ETF by 12.1% in the 4th quarter. DAVENPORT & Co LLC now owns 4,222 shares of the company’s stock valued at $353,000 after acquiring an additional 457 shares in the last quarter. SG Americas Securities LLC boosted its stake in Global X Silver Miners ETF by 465.8% during the 4th quarter. SG Americas Securities LLC now owns 14,320 shares of the company’s stock valued at $1,196,000 after purchasing an additional 11,789 shares during the last quarter. Harbor Investment Advisory LLC boosted its stake in Global X Silver Miners ETF by 25.7% during the 4th quarter. Harbor Investment Advisory LLC now owns 21,409 shares of the company’s stock valued at $1,788,000 after purchasing an additional 4,382 shares during the last quarter. Finally, Baldwin Wealth Partners LLC MA increased its holdings in shares of Global X Silver Miners ETF by 96.3% in the 4th quarter. Baldwin Wealth Partners LLC MA now owns 17,175 shares of the company’s stock worth $1,434,000 after purchasing an additional 8,425 shares in the last quarter.

Global X Silver Miners ETF Price Performance

Shares of NYSEARCA:SIL opened at $84.18 on Friday. The stock’s fifty day moving average price is $100.69 and its 200-day moving average price is $83.98. The company has a market cap of $5.51 billion, a P/E ratio of 32.07 and a beta of 0.71. Global X Silver Miners ETF has a 1 year low of $33.11 and a 1 year high of $119.24.

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.