Oxbow Advisors LLC Purchases Shares of 5,954 Global X Silver Miners ETF $SIL

Oxbow Advisors LLC acquired a new position in Global X Silver Miners ETF (NYSEARCA:SIL) during the third quarter, according to its most recent filing with the SEC. The firm acquired 5,954 shares of the company’s stock, valued at approximately $426,000.

Several other hedge funds have also recently made changes to their positions in the business. Meitav Investment House Ltd. raised its holdings in shares of Global X Silver Miners ETF by 87.7% during the third quarter. Meitav Investment House Ltd. now owns 1,220,000 shares of the company’s stock valued at $87,151,000 after acquiring an additional 570,000 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in Global X Silver Miners ETF by 100.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 255,277 shares of the company’s stock worth $12,476,000 after purchasing an additional 128,104 shares in the last quarter. Cetera Investment Advisers raised its holdings in Global X Silver Miners ETF by 12.8% in the 2nd quarter. Cetera Investment Advisers now owns 213,696 shares of the company’s stock worth $10,287,000 after purchasing an additional 24,249 shares in the last quarter. Royal Bank of Canada lifted its position in shares of Global X Silver Miners ETF by 620.3% in the 1st quarter. Royal Bank of Canada now owns 210,084 shares of the company’s stock worth $8,288,000 after purchasing an additional 180,917 shares during the period. Finally, Baird Financial Group Inc. boosted its stake in shares of Global X Silver Miners ETF by 39.2% during the 2nd quarter. Baird Financial Group Inc. now owns 170,802 shares of the company’s stock valued at $8,222,000 after purchasing an additional 48,107 shares in the last quarter.

Global X Silver Miners ETF Price Performance

Shares of NYSEARCA SIL opened at $111.56 on Friday. Global X Silver Miners ETF has a 1 year low of $32.45 and a 1 year high of $112.03. The stock has a market capitalization of $6.84 billion, a P/E ratio of 32.07 and a beta of 0.71. The company’s 50-day moving average is $83.92 and its 200 day moving average is $69.18.

Key Stories Impacting Global X Silver Miners ETF

Here are the key news stories impacting Global X Silver Miners ETF this week:

• Positive Sentiment: Multiple reports tie the rally to strong fundamentals and safe-haven demand that support higher silver and miner valuations. Gold and silver’s frothy rally to $100 and $5K supported by strong fundamentals
• Positive Sentiment: Analyst pieces and buy‑lists are pushing investor interest into silver and silver miners, increasing potential inflows to ETFs like SIL. 3 Silver Stocks to Buy Right Now
• Positive Sentiment: Coverage noting silver’s first-ever $100/oz milestone and continued upside expectations reinforces momentum for miners/ETFs. Silver finally hits $100 an ounce — and some experts say that’s just the beginning
• Positive Sentiment: Macro and geopolitical headlines (Iran, Ukraine, other global events) are cited as catalysts for precious‑metal safe‑haven flows. Silver Surges Past $100/oz on Mounting Geopolitical Headlines
• Neutral Sentiment: ETF‑focused coverage highlights that ETFs (like SIL) are key ways for investors to access the rally, which could sustain flows but also concentrate short‑term trading. ETFs to Watch as Silver’s Upward Momentum Continues
• Negative Sentiment: Several commentators warn silver is extremely overbought and caution against chasing the move — a risk for a near‑term pullback that would pressure SIL. Silver is extremely overbought and investors shouldn’t chase prices – BCA’s Ibrahim
• Negative Sentiment: Contrarian traders argue the rally may have topped in the short term; such views can trigger profit‑taking in miners and ETFs. This contrarian trader says silver has topped out — and this week’s action proves it

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.