Global Retirement Partners LLC Raises Stake in Global X Silver Miners ETF $SIL

Global Retirement Partners LLC raised its stake in Global X Silver Miners ETF (NYSEARCA:SIL) by 399.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 27,912 shares of the company’s stock after buying an additional 22,328 shares during the quarter. Global Retirement Partners LLC’s holdings in Global X Silver Miners ETF were worth $2,331,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in SIL. Bank of Nova Scotia purchased a new stake in Global X Silver Miners ETF in the 3rd quarter valued at $85,405,000. Mainstay Capital Management LLC ADV grew its holdings in Global X Silver Miners ETF by 1,440.5% in the 4th quarter. Mainstay Capital Management LLC ADV now owns 309,140 shares of the company’s stock valued at $25,819,000 after buying an additional 289,072 shares in the last quarter. BFI Infinity Ltd. grew its holdings in Global X Silver Miners ETF by 210.6% in the 4th quarter. BFI Infinity Ltd. now owns 119,423 shares of the company’s stock valued at $9,980,000 after buying an additional 227,381 shares in the last quarter. Royal Bank of Canada grew its holdings in Global X Silver Miners ETF by 620.3% in the 1st quarter. Royal Bank of Canada now owns 210,084 shares of the company’s stock valued at $8,288,000 after buying an additional 180,917 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in Global X Silver Miners ETF by 255.5% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 234,515 shares of the company’s stock valued at $16,798,000 after buying an additional 168,555 shares in the last quarter.

Global X Silver Miners ETF Stock Down 1.4%

Shares of NYSEARCA:SIL opened at $88.11 on Friday. The business has a fifty day moving average of $92.41 and a two-hundred day moving average of $90.48. The stock has a market cap of $5.27 billion, a P/E ratio of 32.07 and a beta of 0.78. Global X Silver Miners ETF has a 52-week low of $41.86 and a 52-week high of $119.24.

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.