Columbus Macro LLC Increases Position in Global X Silver Miners ETF (NYSEARCA:SIL)

Columbus Macro LLC lifted its stake in Global X Silver Miners ETF (NYSEARCA:SIL) by 21.4% in the 1st quarter, Holdings Channel reports. The firm owned 12,381 shares of the company’s stock after purchasing an additional 2,184 shares during the quarter. Columbus Macro LLC’s holdings in Global X Silver Miners ETF were worth $488,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in SIL. Dunhill Financial LLC increased its holdings in Global X Silver Miners ETF by 100.0% in the fourth quarter. Dunhill Financial LLC now owns 1,000 shares of the company’s stock valued at $32,000 after buying an additional 500 shares in the last quarter. Parallel Advisors LLC purchased a new stake in shares of Global X Silver Miners ETF during the 1st quarter worth approximately $39,000. Tidemark LLC grew 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 acquiring an additional 1,078 shares during the period. Copia Wealth Management purchased a new position in Global X Silver Miners ETF in the 4th quarter valued at approximately $48,000. Finally, JPMorgan Chase & Co. raised its holdings in Global X Silver Miners ETF by 24.2% during the fourth quarter. JPMorgan Chase & Co. now owns 1,622 shares of the company’s stock worth $52,000 after purchasing an additional 316 shares during the last quarter.

Global X Silver Miners ETF Stock Performance

SIL opened at $48.69 on Tuesday. The company has a market cap of $1.80 billion, a price-to-earnings ratio of 35.85 and a beta of 0.76. Global X Silver Miners ETF has a one year low of $28.02 and a one year high of $49.76. The business’s fifty day moving average is $42.32 and its two-hundred day moving average is $38.10.

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.