1832 Asset Management L.P. Has $25.16 Million Stock Holdings in Global X Silver Miners ETF (NYSEARCA:SIL)

1832 Asset Management L.P. decreased its holdings in shares of Global X Silver Miners ETF (NYSEARCA:SIL) by 40.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 806,706 shares of the company’s stock after selling 542,814 shares during the period. 1832 Asset Management L.P. owned about 2.40% of Global X Silver Miners ETF worth $25,161,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of SIL. Envestnet Asset Management Inc. boosted its stake in shares of Global X Silver Miners ETF by 21.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 121,219 shares of the company’s stock valued at $3,781,000 after purchasing an additional 21,639 shares in the last quarter. Jeppson Wealth Management LLC acquired a new stake in shares of Global X Silver Miners ETF during the second quarter worth approximately $213,000. International Assets Investment Management LLC acquired a new stake in shares of Global X Silver Miners ETF during the second quarter worth approximately $29,000. Meitav Investment House Ltd. bought a new position in shares of Global X Silver Miners ETF in the second quarter valued at approximately $13,098,000. Finally, Raymond James & Associates boosted its holdings in shares of Global X Silver Miners ETF by 11.4% in the 2nd quarter. Raymond James & Associates now owns 137,692 shares of the company’s stock worth $4,295,000 after acquiring an additional 14,128 shares in the last quarter.

Global X Silver Miners ETF Price Performance

SIL stock opened at $35.14 on Tuesday. The business has a fifty day moving average price of $32.94 and a 200 day moving average price of $31.89. Global X Silver Miners ETF has a fifty-two week low of $22.57 and a fifty-two week high of $36.75. The stock has a market capitalization of $1.18 billion, a price-to-earnings ratio of 25.53 and a beta of 0.95.

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.