Foundations Investment Advisors LLC Raises Holdings in Global X Silver Miners ETF $SIL

Foundations Investment Advisors LLC grew its position in shares of Global X Silver Miners ETF (NYSEARCA:SIL) by 25.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 133,178 shares of the company’s stock after buying an additional 27,185 shares during the period. Foundations Investment Advisors LLC owned 0.20% of Global X Silver Miners ETF worth $11,123,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of SIL. Bank of Nova Scotia purchased a new position in shares of Global X Silver Miners ETF in the third quarter worth about $85,405,000. Mainstay Capital Management LLC ADV increased its stake in shares of Global X Silver Miners ETF by 1,440.5% in the fourth quarter. Mainstay Capital Management LLC ADV now owns 309,140 shares of the company’s stock worth $25,819,000 after purchasing an additional 289,072 shares in the last quarter. BFI Infinity Ltd. increased its stake in shares of Global X Silver Miners ETF by 210.6% in the fourth quarter. BFI Infinity Ltd. now owns 119,423 shares of the company’s stock worth $9,980,000 after purchasing an additional 227,381 shares in the last quarter. Royal Bank of Canada increased its stake in shares of Global X Silver Miners ETF by 620.3% in the first quarter. Royal Bank of Canada now owns 210,084 shares of the company’s stock worth $8,288,000 after purchasing an additional 180,917 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of Global X Silver Miners ETF by 255.5% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 234,515 shares of the company’s stock worth $16,798,000 after purchasing an additional 168,555 shares in the last quarter.

Global X Silver Miners ETF Stock Up 2.5%

SIL opened at $90.98 on Friday. The company has a market capitalization of $5.44 billion, a price-to-earnings ratio of 32.07 and a beta of 0.78. The firm has a 50-day moving average price of $91.93 and a 200-day moving average price of $91.41. Global X Silver Miners ETF has a twelve month low of $42.35 and a twelve month high of $119.24.

Trending Headlines about Global X Silver Miners ETF

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

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.