HighTower Advisors LLC Has $3.31 Million Stake in Global X Silver Miners ETF $SIL

HighTower Advisors LLC increased its holdings in Global X Silver Miners ETF (NYSEARCA:SIL) by 18.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 39,595 shares of the company’s stock after buying an additional 6,213 shares during the period. HighTower Advisors LLC owned 0.06% of Global X Silver Miners ETF worth $3,307,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. AlphaCore Capital LLC raised its position in shares of Global X Silver Miners ETF by 349.6% in the fourth quarter. AlphaCore Capital LLC now owns 4,384 shares of the company’s stock valued at $369,000 after buying an additional 3,409 shares in the last quarter. Anson Capital Inc. raised its position in shares of Global X Silver Miners ETF by 71.6% in the fourth quarter. Anson Capital Inc. now owns 12,583 shares of the company’s stock valued at $1,051,000 after buying an additional 5,252 shares in the last quarter. Northeast Planning Associates INC. NH acquired a new stake in shares of Global X Silver Miners ETF in the fourth quarter valued at approximately $2,695,000. Marco Investment Management LLC acquired a new stake in shares of Global X Silver Miners ETF in the fourth quarter valued at approximately $251,000. Finally, International Assets Investment Management LLC acquired a new position in Global X Silver Miners ETF during the fourth quarter valued at approximately $133,000.

Global X Silver Miners ETF Price Performance

Shares of SIL opened at $93.73 on Friday. Global X Silver Miners ETF has a one year low of $42.35 and a one year high of $119.24. The company has a market cap of $5.61 billion, a P/E ratio of 32.07 and a beta of 0.78. The firm has a 50 day simple moving average of $92.05 and a two-hundred day simple moving average of $91.42.

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.