Sprott Inc. Makes New $1.38 Million Investment in Global X Silver Miners ETF (NYSEARCA:SIL)

Sprott Inc. acquired a new stake in Global X Silver Miners ETF (NYSEARCA:SIL) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 43,381 shares of the company’s stock, valued at approximately $1,378,000. Sprott Inc. owned approximately 0.13% of Global X Silver Miners ETF at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. JPMorgan Chase & Co. raised its position in shares of Global X Silver Miners ETF by 97.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,306 shares of the company’s stock worth $46,000 after purchasing an additional 645 shares during the last quarter. FMR LLC increased its stake in Global X Silver Miners ETF by 260.4% during the 3rd quarter. FMR LLC now owns 865 shares of the company’s stock worth $30,000 after buying an additional 625 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Global X Silver Miners ETF by 13.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 13,500 shares of the company’s stock valued at $427,000 after acquiring an additional 1,600 shares during the last quarter. Franklin Resources Inc. lifted its position in shares of Global X Silver Miners ETF by 324.5% in the third quarter. Franklin Resources Inc. now owns 4,245 shares of the company’s stock valued at $154,000 after acquiring an additional 3,245 shares in the last quarter. Finally, Stifel Financial Corp boosted its stake in shares of Global X Silver Miners ETF by 40.9% in the third quarter. Stifel Financial Corp now owns 38,136 shares of the company’s stock worth $1,338,000 after acquiring an additional 11,063 shares during the last quarter.

Global X Silver Miners ETF Stock Performance

Shares of SIL opened at $35.13 on Wednesday. The stock has a 50 day moving average price of $34.21 and a 200 day moving average price of $35.21. The stock has a market capitalization of $1.23 billion, a price-to-earnings ratio of 24.75 and a beta of 1.07. Global X Silver Miners ETF has a one year low of $22.58 and a one year high of $42.29.

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.