Global X Silver Miners ETF (NYSEARCA:SIL) Shares Purchased by Sunbelt Securities Inc.

Sunbelt Securities Inc. boosted its holdings in Global X Silver Miners ETF (NYSEARCA:SIL) by 51.4% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,955 shares of the company’s stock after acquiring an additional 2,022 shares during the period. Sunbelt Securities Inc.’s holdings in Global X Silver Miners ETF were worth $209,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Raymond James & Associates boosted its holdings in shares of Global X Silver Miners ETF by 11.4% during the second quarter. Raymond James & Associates now owns 137,692 shares of the company’s stock valued at $4,295,000 after acquiring an additional 14,128 shares during the period. Meitav Investment House Ltd. bought a new position in Global X Silver Miners ETF in the 2nd quarter worth about $13,098,000. International Assets Investment Management LLC acquired a new stake in shares of Global X Silver Miners ETF in the second quarter valued at approximately $29,000. Jeppson Wealth Management LLC bought a new stake in shares of Global X Silver Miners ETF during the second quarter valued at approximately $213,000. Finally, Envestnet Asset Management Inc. raised its holdings in shares of Global X Silver Miners ETF by 21.7% during the second quarter. Envestnet Asset Management Inc. now owns 121,219 shares of the company’s stock valued at $3,781,000 after buying an additional 21,639 shares during the last quarter.

Global X Silver Miners ETF Price Performance

Shares of SIL stock opened at $36.29 on Friday. Global X Silver Miners ETF has a 12-month low of $22.58 and a 12-month high of $42.29. The firm has a market capitalization of $1.22 billion, a price-to-earnings ratio of 25.53 and a beta of 0.95. The business has a 50 day simple moving average of $37.47 and a 200 day simple moving average of $34.67.

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.