Mirae Asset Global Investments Co. Ltd. Reduces Position in Global X Silver Miners ETF (NYSEARCA:SIL)

Mirae Asset Global Investments Co. Ltd. decreased its holdings in shares of Global X Silver Miners ETF (NYSEARCA:SIL) by 9.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,400 shares of the company’s stock after selling 1,500 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Global X Silver Miners ETF were worth $409,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Blue Bell Private Wealth Management LLC boosted its position in shares of Global X Silver Miners ETF by 849.1% during the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 1,101 shares of the company’s stock valued at $26,000 after acquiring an additional 985 shares during the last quarter. SG Americas Securities LLC acquired a new position in shares of Global X Silver Miners ETF during the 3rd quarter valued at about $193,000. Signaturefd LLC boosted its position in shares of Global X Silver Miners ETF by 6.1% during the 3rd quarter. Signaturefd LLC now owns 8,500 shares of the company’s stock valued at $203,000 after acquiring an additional 485 shares during the last quarter. PFG Investments LLC acquired a new position in shares of Global X Silver Miners ETF during the 4th quarter valued at about $209,000. Finally, Krilogy Financial LLC lifted its position in Global X Silver Miners ETF by 4.6% in the third quarter. Krilogy Financial LLC now owns 10,850 shares of the company’s stock valued at $259,000 after buying an additional 480 shares during the last quarter.

Global X Silver Miners ETF Price Performance

NYSEARCA SIL opened at $31.95 on Friday. The firm’s 50-day moving average is $27.25 and its two-hundred day moving average is $26.36. 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 market capitalization of $1.07 billion, a P/E ratio of 26.27 and a beta of 0.95.

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.