Private Advisor Group LLC Reduces Stock Position in Global X Silver Miners ETF $SIL

Private Advisor Group LLC lessened its position in shares of Global X Silver Miners ETF (NYSEARCA:SIL) by 27.8% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 44,004 shares of the company’s stock after selling 16,910 shares during the quarter. Private Advisor Group LLC owned approximately 0.08% of Global X Silver Miners ETF worth $3,964,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in SIL. Y Intercept Hong Kong Ltd purchased a new position in Global X Silver Miners ETF during the 1st quarter valued at about $4,232,000. Three Cord True Wealth Management LLC purchased a new stake in shares of Global X Silver Miners ETF in the first quarter valued at about $306,000. Elevation Point Wealth Partners LLC acquired a new stake in shares of Global X Silver Miners ETF in the first quarter valued at approximately $4,592,000. Sound Income Strategies LLC grew its position in shares of Global X Silver Miners ETF by 428.8% in the first quarter. Sound Income Strategies LLC now owns 386 shares of the company’s stock valued at $36,000 after purchasing an additional 313 shares during the last quarter. Finally, Columbia Advisory Partners LLC purchased a new position in shares of Global X Silver Miners ETF during the 1st quarter worth approximately $443,000.

Global X Silver Miners ETF Price Performance

Shares of Global X Silver Miners ETF stock opened at $74.02 on Thursday. Global X Silver Miners ETF has a 1 year low of $47.09 and a 1 year high of $119.24. The company has a market capitalization of $4.03 billion, a P/E ratio of 32.07 and a beta of 0.83. The business has a 50 day moving average price of $86.16 and a 200 day moving average price of $92.96.

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.