Maytree Asset Management Ltd Takes $968,000 Position in Global X Silver Miners ETF $SIL

Maytree Asset Management Ltd purchased a new position in shares of Global X Silver Miners ETF (NYSEARCA:SIL) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 11,590 shares of the company’s stock, valued at approximately $968,000. Global X Silver Miners ETF makes up about 0.7% of Maytree Asset Management Ltd’s holdings, making the stock its 14th largest position.

A number of other institutional investors have also added to or reduced their stakes in SIL. Root Financial Partners LLC bought a new position in Global X Silver Miners ETF in the third quarter valued at about $27,000. TD Waterhouse Canada Inc. lifted its position in shares of Global X Silver Miners ETF by 133.3% in the 4th 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. Atlantic Union Bankshares Corp boosted its position in Global X Silver Miners ETF by 661.7% during the third quarter. Atlantic Union Bankshares Corp now owns 457 shares of the company’s stock valued at $33,000 after acquiring an additional 397 shares during the last quarter. Ameriflex Group Inc. grew 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 purchasing an additional 269 shares during the period. Finally, Mather Group LLC. acquired a new stake in shares of Global X Silver Miners ETF during the 3rd quarter worth approximately $44,000.

Global X Silver Miners ETF Price Performance

Shares of SIL opened at $86.38 on Wednesday. The company has a market cap of $5.17 billion, a PE ratio of 32.07 and a beta of 0.78. Global X Silver Miners ETF has a one year low of $38.64 and a one year high of $119.24. The stock has a 50-day moving average of $96.14 and a 200-day moving average of $88.32.

Global X Silver Miners ETF 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.