Global X Silver Miners ETF (NYSEARCA:SIL) is Ballew Advisors Inc’s 9th Largest Position

Ballew Advisors Inc raised its holdings in shares of Global X Silver Miners ETF (NYSEARCA:SIL) by 52.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 106,772 shares of the company’s stock after acquiring an additional 36,627 shares during the quarter. Global X Silver Miners ETF makes up 2.2% of Ballew Advisors Inc’s portfolio, making the stock its 9th largest holding. Ballew Advisors Inc’s holdings in Global X Silver Miners ETF were worth $3,407,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. lifted its position in shares of Global X Silver Miners ETF by 21.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 121,219 shares of the company’s stock valued at $3,781,000 after buying an additional 21,639 shares in the last quarter. Creative Planning bought a new stake in Global X Silver Miners ETF during the 2nd quarter worth approximately $548,000. SPC Financial Inc. purchased a new position in Global X Silver Miners ETF during the second quarter valued at approximately $599,000. Cetera Investment Advisers boosted its position in shares of Global X Silver Miners ETF by 140.7% in the second quarter. Cetera Investment Advisers now owns 162,245 shares of the company’s stock worth $5,060,000 after purchasing an additional 94,834 shares during the period. Finally, SG Americas Securities LLC increased its stake in shares of Global X Silver Miners ETF by 184.8% in the third quarter. SG Americas Securities LLC now owns 24,706 shares of the company’s stock worth $867,000 after purchasing an additional 16,032 shares in the last quarter.

Global X Silver Miners ETF Price Performance

Shares of SIL stock opened at $33.01 on Friday. Global X Silver Miners ETF has a one year low of $22.58 and a one year high of $42.29. The company’s fifty day moving average price is $34.94 and its 200-day moving average price is $34.83. The company has a market capitalization of $1.11 billion, a price-to-earnings ratio of 25.53 and a beta of 0.95.

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.