Stifel Financial Corp Boosts Holdings in Global X Silver Miners ETF (NYSEARCA:SIL)

Stifel Financial Corp raised its position in shares of Global X Silver Miners ETF (NYSEARCA:SIL) by 40.9% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 38,136 shares of the company’s stock after acquiring an additional 11,063 shares during the period. Stifel Financial Corp owned approximately 0.11% of Global X Silver Miners ETF worth $1,338,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in SIL. Envestnet Asset Management Inc. lifted its stake in shares of Global X Silver Miners ETF by 21.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 121,219 shares of the company’s stock worth $3,781,000 after acquiring an additional 21,639 shares during the last quarter. Creative Planning bought a new stake in shares of Global X Silver Miners ETF during the second quarter worth $548,000. PCG Wealth Advisors LLC boosted its stake in shares of Global X Silver Miners ETF by 22.5% during the third quarter. PCG Wealth Advisors LLC now owns 371,859 shares of the company’s stock valued at $13,049,000 after purchasing an additional 68,334 shares during the period. International Assets Investment Management LLC bought a new position in shares of Global X Silver Miners ETF in the second quarter worth about $29,000. Finally, Fiduciary Trust Co increased its stake in Global X Silver Miners ETF by 7.3% in the 3rd quarter. Fiduciary Trust Co now owns 21,480 shares of the company’s stock worth $754,000 after buying an additional 1,470 shares during the period.

Global X Silver Miners ETF Price Performance

Global X Silver Miners ETF stock opened at $33.30 on Friday. The stock has a market cap of $1.12 billion, a price-to-earnings ratio of 25.53 and a beta of 0.95. Global X Silver Miners ETF has a 1 year low of $22.58 and a 1 year high of $42.29. The firm has a 50-day moving average of $37.33 and a two-hundred day moving average of $34.65.

Global X Silver Miners ETF 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.