Raymond James Financial Inc. Buys Shares of 87,059 Global X Silver Miners ETF (NYSEARCA:SIL)

Raymond James Financial Inc. purchased a new position in Global X Silver Miners ETF (NYSEARCA:SIL) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 87,059 shares of the company’s stock, valued at approximately $2,766,000. Raymond James Financial Inc. owned 0.26% of Global X Silver Miners ETF at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Oppenheimer & Co. Inc. bought a new stake in Global X Silver Miners ETF during the 4th quarter worth approximately $346,000. JPMorgan Chase & Co. grew its position in shares of Global X Silver Miners ETF by 97.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,306 shares of the company’s stock valued at $46,000 after purchasing an additional 645 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new position in shares of Global X Silver Miners ETF in the fourth quarter worth $381,000. FMR LLC raised its position in shares of Global X Silver Miners ETF by 260.4% in the third quarter. FMR LLC now owns 865 shares of the company’s stock worth $30,000 after buying an additional 625 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its position in shares of Global X Silver Miners ETF by 13.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 13,500 shares of the company’s stock worth $427,000 after buying an additional 1,600 shares in the last quarter.

Global X Silver Miners ETF Stock Down 2.3 %

Global X Silver Miners ETF stock opened at $39.49 on Friday. The stock has a market cap of $1.38 billion, a price-to-earnings ratio of 34.13 and a beta of 1.05. The business has a 50-day simple moving average of $36.52 and a 200 day simple moving average of $36.08. Global X Silver Miners ETF has a 52 week low of $27.56 and a 52 week high of $42.29.

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.