Global X Silver Miners ETF (NYSEARCA:SIL) Position Increased by Pettinga Financial Advisors LLC

Pettinga Financial Advisors LLC raised its position in shares of Global X Silver Miners ETF (NYSEARCA:SIL) by 20.4% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,020 shares of the company’s stock after buying an additional 2,882 shares during the quarter. Pettinga Financial Advisors LLC owned 0.05% of Global X Silver Miners ETF worth $467,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. LPL Financial LLC lifted its stake in Global X Silver Miners ETF by 4.0% during the third quarter. LPL Financial LLC now owns 670,321 shares of the company’s stock valued at $16,021,000 after buying an additional 25,564 shares in the last quarter. One Plus One Wealth Management LLC lifted its stake in Global X Silver Miners ETF by 188.9% during the fourth quarter. One Plus One Wealth Management LLC now owns 187,181 shares of the company’s stock valued at $5,310,000 after buying an additional 122,379 shares in the last quarter. PCG Wealth Advisors LLC lifted its stake in Global X Silver Miners ETF by 1.3% during the fourth quarter. PCG Wealth Advisors LLC now owns 157,364 shares of the company’s stock valued at $4,464,000 after buying an additional 2,057 shares in the last quarter. Raymond James & Associates lifted its stake in Global X Silver Miners ETF by 12.3% during the fourth quarter. Raymond James & Associates now owns 141,445 shares of the company’s stock valued at $4,013,000 after buying an additional 15,456 shares in the last quarter. Finally, Anthracite Investment Company Inc. purchased a new stake in Global X Silver Miners ETF during the fourth quarter valued at about $2,325,000.

Global X Silver Miners ETF Price Performance

Shares of SIL opened at $31.19 on Monday. The company has a market capitalization of $1.05 billion, a price-to-earnings ratio of 25.53 and a beta of 0.95. Global X Silver Miners ETF has a fifty-two week low of $22.57 and a fifty-two week high of $36.15. The business’s 50-day moving average is $32.61 and its 200-day moving average is $28.78.

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.