Global X Silver Miners ETF (NYSEARCA:SIL – Get Free Report)’s share price shot up 3% during trading on Friday . The stock traded as high as $33.20 and last traded at $33.17. 343,467 shares traded hands during trading, a decline of 28% from the average session volume of 476,704 shares. The stock had previously closed at $32.19.
Global X Silver Miners ETF Price Performance
The firm has a fifty day simple moving average of $26.07 and a 200-day simple moving average of $25.89. The firm has a market cap of $1.05 billion, a P/E ratio of 29.38 and a beta of 0.98.
Institutional Trading of Global X Silver Miners ETF
Several institutional investors and hedge funds have recently modified their holdings of the stock. Morgan Stanley raised its stake in shares of Global X Silver Miners ETF by 156.3% in the third quarter. Morgan Stanley now owns 1,951,522 shares of the company’s stock worth $46,641,000 after purchasing an additional 1,190,150 shares during the last quarter. Jane Street Group LLC increased its position in shares of Global X Silver Miners ETF by 125.6% during the fourth quarter. Jane Street Group LLC now owns 1,089,527 shares of the company’s stock valued at $30,692,000 after acquiring an additional 606,639 shares during the last quarter. 1832 Asset Management L.P. purchased a new stake in shares of Global X Silver Miners ETF during the first quarter valued at approximately $36,932,000. LPL Financial LLC increased its position in shares of Global X Silver Miners ETF by 4.0% during the third quarter. LPL Financial LLC now owns 670,321 shares of the company’s stock valued at $16,021,000 after acquiring an additional 25,564 shares during the last quarter. Finally, Royal Bank of Canada increased its position in shares of Global X Silver Miners ETF by 405.3% during the fourth quarter. Royal Bank of Canada now owns 319,600 shares of the company’s stock valued at $9,067,000 after acquiring an additional 256,345 shares during the last quarter.
Global X Silver Miners ETF Company 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.
Further Reading
Receive News & Ratings for Global X Silver Miners ETF Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Global X Silver Miners ETF and related companies with MarketBeat.com’s FREE daily email newsletter.