Raymond James Financial Services Advisors Inc. Has $641,000 Stock Position in Global X Silver Miners ETF (NYSEARCA:SIL)

Raymond James Financial Services Advisors Inc. lowered its position in shares of Global X Silver Miners ETF (NYSEARCA:SIL) by 12.7% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 22,608 shares of the company’s stock after selling 3,281 shares during the quarter. Raymond James Financial Services Advisors Inc. owned about 0.07% of Global X Silver Miners ETF worth $641,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of SIL. Blue Bell Private Wealth Management LLC lifted its holdings in shares of Global X Silver Miners ETF by 849.1% during the third quarter. Blue Bell Private Wealth Management LLC now owns 1,101 shares of the company’s stock worth $26,000 after buying an additional 985 shares in the last quarter. Steward Partners Investment Advisory LLC raised its stake in Global X Silver Miners ETF by 85.7% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,300 shares of the company’s stock worth $37,000 after acquiring an additional 600 shares in the last quarter. Tyler Stone Wealth Management acquired a new position in Global X Silver Miners ETF during the second quarter worth about $69,000. Comerica Bank acquired a new position in Global X Silver Miners ETF during the third quarter worth about $72,000. Finally, Sunbelt Securities Inc. acquired a new position in Global X Silver Miners ETF during the first quarter worth about $94,000.

Global X Silver Miners ETF Trading Up 1.3 %

Shares of NYSEARCA SIL opened at $31.06 on Thursday. The company has a market cap of $1.04 billion, a price-to-earnings ratio of 26.27 and a beta of 0.95. Global X Silver Miners ETF has a 12 month low of $22.57 and a 12 month high of $33.47. The stock has a 50-day moving average price of $26.42 and a two-hundred day moving average price of $26.04.

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.