Global X Silver Miners ETF (NYSEARCA:SIL) Reaches New 1-Year High – Here’s What Happened

Global X Silver Miners ETF (NYSEARCA:SILGet Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as $118.58 and last traded at $117.92, with a volume of 1531147 shares traded. The stock had previously closed at $111.56.

Global X Silver Miners ETF Price Performance

The company has a market cap of $6.95 billion, a PE ratio of 32.07 and a beta of 0.71. The stock’s 50-day moving average is $83.92 and its 200 day moving average is $69.33.

Institutional Trading of Global X Silver Miners ETF

Institutional investors have recently made changes to their positions in the business. Royal Bank of Canada raised its stake in Global X Silver Miners ETF by 620.3% in the first quarter. Royal Bank of Canada now owns 210,084 shares of the company’s stock valued at $8,288,000 after buying an additional 180,917 shares during the last quarter. NewEdge Advisors LLC grew its stake in shares of Global X Silver Miners ETF by 120.6% during the first quarter. NewEdge Advisors LLC now owns 14,781 shares of the company’s stock worth $583,000 after acquiring an additional 8,082 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in shares of Global X Silver Miners ETF by 335.3% during the second quarter. Farther Finance Advisors LLC now owns 3,700 shares of the company’s stock valued at $178,000 after acquiring an additional 2,850 shares in the last quarter. Moss Adams Wealth Advisors LLC purchased a new position in shares of Global X Silver Miners ETF in the 2nd quarter valued at approximately $3,092,000. Finally, Matauro LLC purchased a new position in shares of Global X Silver Miners ETF in the 2nd quarter valued at approximately $394,000.

About Global X Silver Miners ETF

(Get Free Report)

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.

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