SCP Investment LP Acquires New Position in Global X Silver Miners ETF $SIL

SCP Investment LP bought a new position in shares of Global X Silver Miners ETF (NYSEARCA:SIL) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 8,800 shares of the company’s stock, valued at approximately $424,000.

A number of other large investors also recently made changes to their positions in SIL. Bogart Wealth LLC boosted its stake in Global X Silver Miners ETF by 3,080.0% in the 2nd quarter. Bogart Wealth LLC now owns 636 shares of the company’s stock worth $31,000 after buying an additional 616 shares during the last quarter. SBI Securities Co. Ltd. boosted its holdings in Global X Silver Miners ETF by 31.4% in the second quarter. SBI Securities Co. Ltd. now owns 891 shares of the company’s stock valued at $43,000 after acquiring an additional 213 shares during the last quarter. AE Wealth Management LLC increased its stake in Global X Silver Miners ETF by 26.9% during the second quarter. AE Wealth Management LLC now owns 995 shares of the company’s stock worth $48,000 after acquiring an additional 211 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in Global X Silver Miners ETF by 42.8% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,438 shares of the company’s stock worth $57,000 after acquiring an additional 431 shares during the last quarter. Finally, Kiker Wealth Management LLC raised its holdings in shares of Global X Silver Miners ETF by 52.2% in the 2nd quarter. Kiker Wealth Management LLC now owns 1,750 shares of the company’s stock worth $84,000 after purchasing an additional 600 shares during the period.

Global X Silver Miners ETF Price Performance

NYSEARCA SIL opened at $73.40 on Thursday. Global X Silver Miners ETF has a 1-year low of $31.37 and a 1-year high of $80.72. The firm has a market capitalization of $4.02 billion, a P/E ratio of 32.07 and a beta of 0.71. The business’s 50-day simple moving average is $69.09 and its 200-day simple moving average is $57.07.

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.