Global X Silver Miners ETF $SIL Shares Sold by D.A. Davidson & CO.

D.A. Davidson & CO. cut its stake in shares of Global X Silver Miners ETF (NYSEARCA:SIL) by 15.9% in the 1st quarter, Holdings Channel reports. The institutional investor owned 50,113 shares of the company’s stock after selling 9,469 shares during the quarter. D.A. Davidson & CO.’s holdings in Global X Silver Miners ETF were worth $4,514,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. SG Americas Securities LLC raised its holdings in shares of Global X Silver Miners ETF by 465.8% in the 4th quarter. SG Americas Securities LLC now owns 14,320 shares of the company’s stock worth $1,196,000 after purchasing an additional 11,789 shares during the period. Clear Creek Financial Management LLC acquired a new stake in shares of Global X Silver Miners ETF in the fourth quarter worth $3,822,000. JTC Employer Solutions Trustee Ltd purchased a new position in shares of Global X Silver Miners ETF in the 4th quarter valued at $501,000. Savior LLC purchased a new position in shares of Global X Silver Miners ETF in the 4th quarter valued at $988,000. Finally, WIT Partners Advisory Pte. Ltd. lifted its holdings in shares of Global X Silver Miners ETF by 34.4% during the 4th quarter. WIT Partners Advisory Pte. Ltd. now owns 70,552 shares of the company’s stock valued at $5,598,000 after acquiring an additional 18,052 shares in the last quarter.

Global X Silver Miners ETF Trading Down 0.2%

NYSEARCA:SIL opened at $71.74 on Friday. The firm’s fifty day simple moving average is $83.86 and its 200 day simple moving average is $92.27. Global X Silver Miners ETF has a twelve month low of $47.09 and a twelve month high of $119.24. The firm has a market capitalization of $3.89 billion, a price-to-earnings ratio of 32.07 and a beta of 0.83.

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.