Money Concepts Capital Corp Acquires New Shares in Global X Silver Miners ETF $SIL

Money Concepts Capital Corp bought a new position in shares of Global X Silver Miners ETF (NYSEARCA:SIL) during the 3rd quarter, HoldingsChannel reports. The firm bought 7,715 shares of the company’s stock, valued at approximately $553,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Encompass More Asset Management increased its holdings in shares of Global X Silver Miners ETF by 39.2% in the third quarter. Encompass More Asset Management now owns 37,516 shares of the company’s stock worth $2,687,000 after purchasing an additional 10,573 shares during the period. Avalon Capital Management bought a new position in Global X Silver Miners ETF in the 3rd quarter worth about $842,000. Baird Financial Group Inc. boosted its position 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 acquiring an additional 48,107 shares during the last quarter. Capital Fund Management S.A. purchased a new position in shares of Global X Silver Miners ETF during the second quarter worth about $1,564,000. Finally, Cetera Investment Advisers increased its position in shares of Global X Silver Miners ETF by 12.8% in the second 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 during the last quarter.

Key Global X Silver Miners ETF News

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

• Positive Sentiment: Silver and gold extended their rebound in early trade, fueling demand for mining equities and ETFs like SIL. Gold and silver extend rebound but concerns over volatility linger
• Positive Sentiment: Analysts/forecasters note silver is staging a rebound toward key breakout levels (technical support held and momentum buying could lift miners). Gold (XAUUSD) & Silver Price Forecast: Gold Holds $5,000 as Silver Eyes $94—Breakout or Pause?
• Positive Sentiment: Large intraday bounce in silver (double‑digit gains in some sessions) prompted dip‑buyers—supportive for SIL which tracks silver‑miner equities. Silver Surges Over 15%; Pfizer Earnings Top Views
• Neutral Sentiment: Some strategists say the selloff was driven by positioning rather than fundamentals; if thematic drivers (inflation, industrial demand) hold, miners could regain traction—but timing is uncertain. Gold and silver rebound after historic wipeout as analysts say thematic drivers stay intact
• Neutral Sentiment: Coverage notes the recent volatility and recommends rebuilding technical bases rather than chasing rallies—implies a watchful stance among institutional buyers. Time for a Reset: Let’s Talk About Gold and Silver Without the Hype
• Negative Sentiment: Analysts and columnists warn the rally may be a “head fake” after extreme moves; if silver reverses, mining stocks/ETF could give back gains quickly. Why Silver’s Monstrous Rally May Be a Head Fake
• Negative Sentiment: Coverage of the January crash and structural market issues highlights lingering downside risk and distrust among retail buyers—adds caution for SIL investors. The Silver Crash Nobody Explains: Why a $150B Crash Started 3 Hours Before The News
• Negative Sentiment: Broad commentary about silver plunging into a bear market and persistent volatility means any rally could be short‑lived; miners face higher beta to metal moves. Silver plunges into a bear market for the first time since 2022. Here’s how long it may last.

Global X Silver Miners ETF Price Performance

Shares of Global X Silver Miners ETF stock opened at $99.36 on Wednesday. Global X Silver Miners ETF has a 1 year low of $33.11 and a 1 year high of $119.24. The firm has a market cap of $6.50 billion, a PE ratio of 32.07 and a beta of 0.71. The company has a 50 day simple moving average of $89.26 and a two-hundred day simple moving average of $72.08.

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.