Global X Silver Miners ETF (NYSEARCA:SIL) Shares Bought by Sunbelt Securities Inc.

Sunbelt Securities Inc. lifted its stake in shares of Global X Silver Miners ETF (NYSEARCA:SIL) by 51.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,955 shares of the company’s stock after acquiring an additional 2,022 shares during the quarter. Sunbelt Securities Inc.’s holdings in Global X Silver Miners ETF were worth $209,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SIL. Meitav Investment House Ltd. bought a new stake in shares of Global X Silver Miners ETF in the 2nd quarter worth approximately $13,098,000. PCG Wealth Advisors LLC grew its position in Global X Silver Miners ETF by 22.5% in the third quarter. PCG Wealth Advisors LLC now owns 371,859 shares of the company’s stock worth $13,049,000 after buying an additional 68,334 shares during the last quarter. Cetera Investment Advisers grew its position in Global X Silver Miners ETF by 140.7% in the second quarter. Cetera Investment Advisers now owns 162,245 shares of the company’s stock worth $5,060,000 after buying an additional 94,834 shares during the last quarter. Raymond James & Associates increased its holdings in shares of Global X Silver Miners ETF by 11.4% in the second quarter. Raymond James & Associates now owns 137,692 shares of the company’s stock valued at $4,295,000 after buying an additional 14,128 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in shares of Global X Silver Miners ETF by 21.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 121,219 shares of the company’s stock valued at $3,781,000 after acquiring an additional 21,639 shares during the last quarter.

Global X Silver Miners ETF Stock Down 3.5 %

Shares of NYSEARCA SIL opened at $36.29 on Friday. The stock’s fifty day simple moving average is $37.47 and its 200 day simple moving average is $34.67. The stock has a market capitalization of $1.22 billion, a price-to-earnings ratio of 25.53 and a beta of 0.95. Global X Silver Miners ETF has a 52-week low of $22.58 and a 52-week high of $42.29.

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.