Wealthfront Advisers LLC Raises Position in Global X Silver Miners ETF $SIL

Wealthfront Advisers LLC lifted its position in shares of Global X Silver Miners ETF (NYSEARCA:SIL) by 97.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 38,726 shares of the company’s stock after acquiring an additional 19,122 shares during the quarter. Wealthfront Advisers LLC owned 0.06% of Global X Silver Miners ETF worth $3,488,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in SIL. Hollencrest Capital Management lifted its position in Global X Silver Miners ETF by 0.6% in the fourth quarter. Hollencrest Capital Management now owns 18,711 shares of the company’s stock valued at $1,563,000 after purchasing an additional 120 shares during the period. TD Waterhouse Canada Inc. increased its position in Global X Silver Miners ETF by 133.3% during the 4th quarter. TD Waterhouse Canada Inc. now owns 350 shares of the company’s stock worth $29,000 after purchasing an additional 200 shares during the period. CIBC Private Wealth Group LLC increased its position in Global X Silver Miners ETF by 204.7% during the 4th quarter. CIBC Private Wealth Group LLC now owns 323 shares of the company’s stock worth $27,000 after purchasing an additional 217 shares during the period. Sequoia Financial Advisors LLC increased its position in Global X Silver Miners ETF by 2.9% during the 4th quarter. Sequoia Financial Advisors LLC now owns 7,818 shares of the company’s stock worth $653,000 after purchasing an additional 219 shares during the period. Finally, Aptus Capital Advisors LLC raised its stake in shares of Global X Silver Miners ETF by 45.3% during the 3rd quarter. Aptus Capital Advisors LLC now owns 722 shares of the company’s stock worth $52,000 after buying an additional 225 shares in the last quarter.

Global X Silver Miners ETF Price Performance

SIL opened at $71.74 on Monday. The business has a 50 day simple moving average of $83.86 and a 200-day simple moving average of $92.32. The stock has a market capitalization of $3.89 billion, a P/E ratio of 32.07 and a beta of 0.83. Global X Silver Miners ETF has a 12 month low of $47.09 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.