Gateway Wealth Partners LLC Purchases Shares of 8,324 Global X Silver Miners ETF $SIL

Gateway Wealth Partners LLC purchased a new position in Global X Silver Miners ETF (NYSEARCA:SIL) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 8,324 shares of the company’s stock, valued at approximately $750,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. CIBC Private Wealth Group LLC increased its position in shares of Global X Silver Miners ETF by 204.7% in the 4th quarter. CIBC Private Wealth Group LLC now owns 323 shares of the company’s stock valued at $27,000 after acquiring an additional 217 shares during the period. TD Waterhouse Canada Inc. lifted its position in Global X Silver Miners ETF by 133.3% during the 4th quarter. TD Waterhouse Canada Inc. now owns 350 shares of the company’s stock worth $29,000 after acquiring an additional 200 shares during the period. Evelyn Partners Investment Management LLP purchased a new stake in Global X Silver Miners ETF during the 4th quarter valued at about $32,000. EFG International AG purchased a new stake in Global X Silver Miners ETF during the 4th quarter valued at about $33,000. Finally, Sound Income Strategies LLC increased its holdings in shares of Global X Silver Miners ETF by 428.8% in the first quarter. Sound Income Strategies LLC now owns 386 shares of the company’s stock valued at $36,000 after purchasing an additional 313 shares during the period.

Global X Silver Miners ETF Stock Down 1.4%

Shares of NYSEARCA:SIL opened at $72.94 on Thursday. Global X Silver Miners ETF has a 52-week low of $47.09 and a 52-week high of $119.24. The stock has a market cap of $3.93 billion, a price-to-earnings ratio of 32.07 and a beta of 0.83. The business has a 50-day moving average price of $80.52 and a 200-day moving average price of $91.70.

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.