Main Street Financial Solutions LLC Sells 700 Shares of Global X Silver Miners ETF (NYSEARCA:SIL)

Main Street Financial Solutions LLC cut its stake in shares of Global X Silver Miners ETF (NYSEARCA:SIL) by 3.0% in the 3rd quarter, HoldingsChannel reports. The fund owned 22,950 shares of the company’s stock after selling 700 shares during the quarter. Main Street Financial Solutions LLC’s holdings in Global X Silver Miners ETF were worth $805,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. International Assets Investment Management LLC acquired a new stake in Global X Silver Miners ETF during the 2nd quarter worth approximately $29,000. Baldwin Brothers LLC MA acquired a new stake in shares of Global X Silver Miners ETF during the second quarter worth $50,000. Sigma Planning Corp lifted its holdings in shares of Global X Silver Miners ETF by 21.0% during the third quarter. Sigma Planning Corp now owns 10,954 shares of the company’s stock worth $384,000 after buying an additional 1,903 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Global X Silver Miners ETF by 14.6% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 16,500 shares of the company’s stock valued at $453,000 after acquiring an additional 2,100 shares during the period. Finally, Arlington Trust Co LLC acquired a new position in shares of Global X Silver Miners ETF in the third quarter valued at about $114,000.

Global X Silver Miners ETF Stock Performance

NYSEARCA:SIL opened at $34.60 on Thursday. The firm has a market cap of $1.16 billion, a price-to-earnings ratio of 25.53 and a beta of 0.95. Global X Silver Miners ETF has a 52 week low of $22.58 and a 52 week high of $42.29. The firm’s 50-day simple moving average is $36.39 and its 200 day simple moving average is $34.10.

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.