Global X Silver Miners ETF Sees Unusually Large Options Volume (NYSEARCA:SIL)

Global X Silver Miners ETF (NYSEARCA:SIL) saw some unusual options trading on Friday. Traders acquired 7,817 call options on the stock. This is an increase of approximately 59% compared to the average volume of 4,905 call options.

Hedge Funds Weigh In On Global X Silver Miners ETF

A number of hedge funds have recently made changes to their positions in SIL. Meitav Investment House Ltd. raised its holdings in shares of Global X Silver Miners ETF by 87.7% during the 3rd quarter. Meitav Investment House Ltd. now owns 1,220,000 shares of the company’s stock valued at $87,151,000 after buying an additional 570,000 shares during the period. Bank of Nova Scotia purchased a new stake in shares of Global X Silver Miners ETF during the third quarter valued at approximately $85,405,000. Ameriprise Financial Inc. lifted its position in shares of Global X Silver Miners ETF by 100.7% during the second quarter. Ameriprise Financial Inc. now owns 255,277 shares of the company’s stock worth $12,476,000 after purchasing an additional 128,104 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Global X Silver Miners ETF by 255.5% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 234,515 shares of the company’s stock valued at $16,798,000 after purchasing an additional 168,555 shares during the period. Finally, Citigroup Inc. grew its holdings in Global X Silver Miners ETF by 18.8% during the 3rd quarter. Citigroup Inc. now owns 215,353 shares of the company’s stock valued at $15,426,000 after purchasing an additional 34,072 shares in the last quarter.

Global X Silver Miners ETF Stock Up 2.7%

Shares of SIL traded up $2.34 during mid-day trading on Friday, reaching $90.01. 3,406,586 shares of the company’s stock were exchanged, compared to its average volume of 1,746,827. Global X Silver Miners ETF has a 52-week low of $31.37 and a 52-week high of $90.29. The company has a 50-day simple moving average of $73.12 and a two-hundred day simple moving average of $62.52. The company has a market cap of $4.93 billion, a price-to-earnings ratio of 32.07 and a beta of 0.71.

Key Global X Silver Miners ETF News

Here are the key news stories impacting Global X Silver Miners ETF this week:

• Positive Sentiment: Unusual bullish options flow: traders bought 7,817 call options on SIL (?59% above the average of 4,905 calls), signaling short-term investor bullishness on the ETF.
• Positive Sentiment: Broad coverage reports that silver surged past $75/oz and is powering record highs, backing higher expected earnings for silver miners and ETFs like SIL. Read More.
• Positive Sentiment: Kitco analysis attributes the recent price action to momentum and safe-haven demand, reinforcing the catalyst for miner equity gains. Read More.
• Positive Sentiment: Barron’s notes silver topping $75 as precious metals extend a record run — bullish for silver mining equities and sector ETFs. Read More.
• Positive Sentiment: ETF outlook pieces say silver ETFs could outperform in 2026 given supply deficits and industrial demand, which supports continued inflows into miner-focused ETFs like SIL. Read More.
• Neutral Sentiment: Roundups and ETF lists highlight silver ETFs as candidates to keep climbing, providing product-level context but not specific upside guidance for SIL. Read More.
• Neutral Sentiment: Coverage of alternative silver ETF structures (e.g., covered-call or income-focused funds) expands investor choices; these items inform sector rotation but don’t directly change SIL’s fundamentals. Read More.
• Negative Sentiment: WSJ warns the rally is attracting amateur investors and momentum-driven flows — a sign the run could be volatile and vulnerable to sharp reversals if sentiment shifts. Read More.
• Negative Sentiment: Some commentators call the move a potential “mania” and project extreme targets, which can increase speculative trading and downside risk for leveraged or equity-exposed products like SIL. Read More.

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.