Kingsview Wealth Management LLC boosted its holdings in Global X Silver Miners ETF (NYSEARCA:SIL – Free Report) by 963.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 91,553 shares of the company’s stock after purchasing an additional 82,947 shares during the quarter. Kingsview Wealth Management LLC owned approximately 0.14% of Global X Silver Miners ETF worth $7,647,000 at the end of the most recent quarter.
Several other institutional investors have also recently added to or reduced their stakes in the business. TD Waterhouse Canada Inc. raised its holdings in shares of Global X Silver Miners ETF by 133.3% during the fourth quarter. TD Waterhouse Canada Inc. now owns 350 shares of the company’s stock worth $29,000 after purchasing an additional 200 shares during the period. Sequoia Financial Advisors LLC boosted its holdings in shares of Global X Silver Miners ETF by 2.9% in the 4th quarter. Sequoia Financial Advisors LLC now owns 7,818 shares of the company’s stock valued at $653,000 after buying an additional 219 shares during the period. Aptus Capital Advisors LLC boosted its holdings in shares of Global X Silver Miners ETF by 45.3% in the 3rd quarter. Aptus Capital Advisors LLC now owns 722 shares of the company’s stock valued at $52,000 after buying an additional 225 shares during the period. Copia Wealth Management grew its position in shares of Global X Silver Miners ETF by 10.9% during the 4th quarter. Copia Wealth Management now owns 2,373 shares of the company’s stock valued at $198,000 after buying an additional 233 shares during the last quarter. Finally, Ameriflex Group Inc. raised its stake in Global X Silver Miners ETF by 100.0% during the third quarter. Ameriflex Group Inc. now owns 538 shares of the company’s stock worth $39,000 after acquiring an additional 269 shares during the period.
Global X Silver Miners ETF Stock Up 2.5%
Shares of NYSEARCA SIL opened at $90.98 on Friday. The firm’s 50-day moving average price is $91.93 and its two-hundred day moving average price is $91.41. Global X Silver Miners ETF has a 52-week low of $42.35 and a 52-week high of $119.24. The stock has a market capitalization of $5.44 billion, a P/E ratio of 32.07 and a beta of 0.78.
More Global X Silver Miners ETF News
- Positive Sentiment: Silver prices firmed in recent forecasts as traders reduced bets on a hawkish Federal Reserve and reacted to shifting geopolitical expectations, which can support silver-mining equities. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Rebounds As Traders Bet On Iran Deal
- Positive Sentiment: Some analysts remain constructive on the precious-metals cycle, with one strategist saying gold’s secular bull market is intact; that view can spill over into silver miners if investors expect the commodity complex to stay strong. Gold will top $5,500 in 2027, could reach $10,000 by 2030, but silver’s upside will narrow – Rockefeller’s Moglia
- Neutral Sentiment: Entrata, a Silver Lake-backed property management software company, filed for an IPO. This is related to the private-equity firm Silver Lake, not silver miners or the SIL ETF, so it is unlikely to materially affect the fund. Silver Lake-backed property management software firm Entrata files for US IPO
- Negative Sentiment: Several reports warned that silver’s recent surge may be creating “demand destruction,” with industrial users pulling back as prices stay elevated. That is a headwind for silver miners and the SIL ETF. Silver could fall further after latest slump, analysts say as they warn of demand destruction
- Negative Sentiment: Other market commentary said silver remains under pressure from hawkish central-bank concerns, technical weakness, and lower conviction despite geopolitical truce headlines, which could weigh on near-term miner sentiment. Gold and Silver Forecast: PCE Inflation and Iran Tensions Drive Next Move
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.
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