D.A. Davidson & CO. Acquires New Position in Global X Silver Miners ETF $SIL

D.A. Davidson & CO. purchased a new position in Global X Silver Miners ETF (NYSEARCA:SIL) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 56,692 shares of the company’s stock, valued at approximately $4,876,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Bank of Nova Scotia grew its stake in shares of Global X Silver Miners ETF by 307.5% in the 1st quarter. Bank of Nova Scotia now owns 1,203,736 shares of the company’s stock valued at $108,433,000 after buying an additional 908,336 shares during the period. CI Investments Inc. bought a new position in Global X Silver Miners ETF in the first quarter worth approximately $14,802,000. Cetera Investment Advisers boosted its holdings in Global X Silver Miners ETF by 11.7% in the first quarter. Cetera Investment Advisers now owns 149,572 shares of the company’s stock worth $13,473,000 after acquiring an additional 15,654 shares in the last quarter. BFI Infinity Ltd. grew its stake in Global X Silver Miners ETF by 1.2% in the second quarter. BFI Infinity Ltd. now owns 122,772 shares of the company’s stock valued at $9,520,000 after acquiring an additional 1,453 shares during the period. Finally, Envestnet Asset Management Inc. increased its holdings in shares of Global X Silver Miners ETF by 58.6% during the second quarter. Envestnet Asset Management Inc. now owns 101,036 shares of the company’s stock valued at $7,826,000 after acquiring an additional 37,330 shares in the last quarter.

Global X Silver Miners ETF Stock Down 5.6%

Shares of SIL opened at $71.25 on Friday. The stock has a market cap of $3.56 billion, a P/E ratio of 32.07 and a beta of 0.86. The business’s fifty day moving average is $89.33 and its 200 day moving average is $90.71. Global X Silver Miners ETF has a 12-month low of $61.80 and a 12-month high of $119.24.

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.