FNY Investment Advisers LLC Takes Position in Global X Silver Miners ETF (NYSEARCA:SIL)

FNY Investment Advisers LLC bought a new stake in shares of Global X Silver Miners ETF (NYSEARCA:SIL) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 2,623 shares of the company’s stock, valued at approximately $103,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Dunhill Financial LLC increased its stake in shares of 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 worth $32,000 after purchasing an additional 500 shares in the last quarter. Parallel Advisors LLC bought a new stake in shares of Global X Silver Miners ETF in the 1st quarter worth about $39,000. 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 acquiring an additional 1,078 shares during the last quarter. Copia Wealth Management bought a new stake in shares of Global X Silver Miners ETF in the 4th quarter worth about $48,000. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Global X Silver Miners ETF by 24.2% in the 4th quarter. JPMorgan Chase & Co. now owns 1,622 shares of the company’s stock worth $52,000 after acquiring an additional 316 shares during the last quarter.

Global X Silver Miners ETF Price Performance

Shares of SIL opened at $48.69 on Tuesday. Global X Silver Miners ETF has a 1-year low of $28.02 and a 1-year high of $49.76. The company has a 50-day moving average of $42.32 and a 200 day moving average of $38.10. The firm has a market capitalization of $1.80 billion, a price-to-earnings ratio of 35.85 and a beta of 0.76.

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.