Global X Silver Miners ETF (NYSEARCA:SIL) Shares Sold by Banco BTG Pactual S.A.

Banco BTG Pactual S.A. trimmed its holdings in shares of Global X Silver Miners ETF (NYSEARCA:SIL) by 21.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 57,280 shares of the company’s stock after selling 15,920 shares during the period. Banco BTG Pactual S.A.’s holdings in Global X Silver Miners ETF were worth $1,897,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. FMR LLC lifted its holdings in Global X Silver Miners ETF by 260.4% in the third quarter. FMR LLC now owns 865 shares of the company’s stock worth $30,000 after acquiring an additional 625 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Global X Silver Miners ETF by 97.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,306 shares of the company’s stock worth $46,000 after purchasing an additional 645 shares during the period. Tidemark LLC lifted its holdings in shares of Global X Silver Miners ETF by 379.6% in the 4th quarter. Tidemark LLC now owns 1,362 shares of the company’s stock worth $43,000 after purchasing an additional 1,078 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its position in Global X Silver Miners ETF by 192.3% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,800 shares of the company’s stock valued at $121,000 after purchasing an additional 2,500 shares during the period. Finally, Franklin Resources Inc. grew its stake in Global X Silver Miners ETF by 324.5% during the 3rd quarter. Franklin Resources Inc. now owns 4,245 shares of the company’s stock worth $154,000 after buying an additional 3,245 shares during the last quarter.

Global X Silver Miners ETF Stock Performance

SIL stock opened at $39.99 on Wednesday. Global X Silver Miners ETF has a 1 year low of $25.93 and a 1 year high of $42.29. The stock has a market capitalization of $1.40 billion, a price-to-earnings ratio of 34.13 and a beta of 1.05. The stock’s fifty day moving average is $36.12 and its two-hundred day moving average is $35.96.

About Global X Silver Miners ETF

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.