Global X Silver Miners ETF (NYSEARCA:SIL) Reaches New 1-Year High at $36.89

Global X Silver Miners ETF (NYSEARCA:SIL) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $36.89 and last traded at $36.72, with a volume of 630876 shares changing hands. The stock had previously closed at $35.14.

Global X Silver Miners ETF Stock Performance

The firm has a fifty day moving average of $32.94 and a 200-day moving average of $31.89. The stock has a market capitalization of $1.24 billion, a price-to-earnings ratio of 25.53 and a beta of 0.95.

Institutional Trading of Global X Silver Miners ETF

Several large investors have recently modified their holdings of the business. 1832 Asset Management L.P. grew its stake in shares of Global X Silver Miners ETF by 12.3% during the first quarter. 1832 Asset Management L.P. now owns 1,349,520 shares of the company’s stock valued at $37,058,000 after acquiring an additional 148,242 shares in the last quarter. Meitav Investment House Ltd. acquired a new position in Global X Silver Miners ETF in the second quarter worth about $13,098,000. PCG Wealth Advisors LLC grew its stake in Global X Silver Miners ETF by 5.7% in the first quarter. PCG Wealth Advisors LLC now owns 166,305 shares of the company’s stock worth $4,567,000 after purchasing an additional 8,941 shares in the last quarter. Cetera Investment Advisers grew its stake in Global X Silver Miners ETF by 140.7% in the second quarter. Cetera Investment Advisers now owns 162,245 shares of the company’s stock worth $5,060,000 after purchasing an additional 94,834 shares in the last quarter. Finally, Raymond James & Associates grew its stake in Global X Silver Miners ETF by 11.4% in the second quarter. Raymond James & Associates now owns 137,692 shares of the company’s stock worth $4,295,000 after purchasing an additional 14,128 shares in the last quarter.

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.