12,000 Shares in Global X Silver Miners ETF $SIL Bought by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. acquired a new position in shares of Global X Silver Miners ETF (NYSEARCA:SIL) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 12,000 shares of the company’s stock, valued at approximately $1,002,000.

Other hedge funds have also added to or reduced their stakes in the company. TD Waterhouse Canada Inc. raised its stake in Global X Silver Miners ETF by 133.3% during the 4th quarter. TD Waterhouse Canada Inc. now owns 350 shares of the company’s stock worth $29,000 after buying an additional 200 shares during the period. Root Financial Partners LLC acquired a new stake in Global X Silver Miners ETF during the 3rd quarter worth $27,000. Atlantic Union Bankshares Corp raised its stake in Global X Silver Miners ETF by 661.7% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 457 shares of the company’s stock worth $33,000 after buying an additional 397 shares during the period. Larson Financial Group LLC acquired a new stake in Global X Silver Miners ETF during the 4th quarter worth $44,000. Finally, Ameriflex Group Inc. raised its stake in Global X Silver Miners ETF by 100.0% during the 3rd quarter. Ameriflex Group Inc. now owns 538 shares of the company’s stock worth $39,000 after buying an additional 269 shares during the period.

Global X Silver Miners ETF Trading Up 2.5%

Shares of Global X Silver Miners ETF stock opened at $90.98 on Friday. The company has a market capitalization of $5.44 billion, a PE ratio of 32.07 and a beta of 0.78. Global X Silver Miners ETF has a 12 month low of $42.35 and a 12 month high of $119.24. The stock’s fifty day simple moving average is $91.93 and its 200 day simple moving average is $91.41.

Global X Silver Miners ETF News Roundup

Here are the key news stories impacting Global X Silver Miners ETF this week:

• Positive Sentiment: Silver prices firmed in recent forecasts as traders reduced bets on a hawkish Federal Reserve and reacted to shifting geopolitical expectations, which can support silver-mining equities. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Rebounds As Traders Bet On Iran Deal
• Positive Sentiment: Some analysts remain constructive on the precious-metals cycle, with one strategist saying gold’s secular bull market is intact; that view can spill over into silver miners if investors expect the commodity complex to stay strong. Gold will top $5,500 in 2027, could reach $10,000 by 2030, but silver’s upside will narrow – Rockefeller’s Moglia
• Neutral Sentiment: Entrata, a Silver Lake-backed property management software company, filed for an IPO. This is related to the private-equity firm Silver Lake, not silver miners or the SIL ETF, so it is unlikely to materially affect the fund. Silver Lake-backed property management software firm Entrata files for US IPO
• Negative Sentiment: Several reports warned that silver’s recent surge may be creating “demand destruction,” with industrial users pulling back as prices stay elevated. That is a headwind for silver miners and the SIL ETF. Silver could fall further after latest slump, analysts say as they warn of demand destruction
• Negative Sentiment: Other market commentary said silver remains under pressure from hawkish central-bank concerns, technical weakness, and lower conviction despite geopolitical truce headlines, which could weigh on near-term miner sentiment. Gold and Silver Forecast: PCE Inflation and Iran Tensions Drive Next Move

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.