Diametric Capital LP Lowers Holdings in Global X Silver Miners ETF (NYSEARCA:SIL)

Diametric Capital LP reduced its stake in shares of Global X Silver Miners ETF (NYSEARCA:SIL) by 60.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,620 shares of the company’s stock after selling 11,803 shares during the quarter. Diametric Capital LP’s holdings in Global X Silver Miners ETF were worth $242,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. National Bank of Canada FI grew its stake in Global X Silver Miners ETF by 25.5% during the fourth quarter. National Bank of Canada FI now owns 4,671 shares of the company’s stock valued at $148,000 after acquiring an additional 949 shares in the last quarter. Summit Financial LLC purchased a new position in shares of Global X Silver Miners ETF during the fourth quarter valued at about $2,630,000. JPMorgan Chase & Co. grew its position in shares of Global X Silver Miners ETF by 24.2% during the fourth quarter. JPMorgan Chase & Co. now owns 1,622 shares of the company’s stock valued at $52,000 after purchasing an additional 316 shares in the last quarter. Virtu Financial LLC lifted its position in shares of Global X Silver Miners ETF by 79.5% in the fourth quarter. Virtu Financial LLC now owns 18,111 shares of the company’s stock worth $575,000 after buying an additional 8,022 shares in the last quarter. Finally, Evoke Wealth LLC boosted its stake in Global X Silver Miners ETF by 2.9% during the fourth quarter. Evoke Wealth LLC now owns 13,681 shares of the company’s stock valued at $445,000 after buying an additional 385 shares during the last quarter.

Global X Silver Miners ETF Price Performance

NYSEARCA:SIL opened at $39.12 on Wednesday. The company has a market cap of $1.39 billion, a price-to-earnings ratio of 33.62 and a beta of 0.95. Global X Silver Miners ETF has a 1 year low of $28.02 and a 1 year high of $42.29. The stock’s 50 day simple moving average is $36.76 and its two-hundred day simple moving average is $36.21.

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.