BNP Paribas Financial Markets Has $14.90 Million Stock Holdings in Global X Silver Miners ETF $SIL

BNP Paribas Financial Markets grew its holdings in Global X Silver Miners ETF (NYSEARCA:SIL) by 193.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 178,397 shares of the company’s stock after acquiring an additional 117,667 shares during the period. BNP Paribas Financial Markets’ holdings in Global X Silver Miners ETF were worth $14,900,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in SIL. Bank of Nova Scotia acquired a new stake in shares of Global X Silver Miners ETF in the third quarter valued at approximately $85,405,000. Mainstay Capital Management LLC ADV lifted its position in shares of Global X Silver Miners ETF by 1,440.5% in the fourth quarter. Mainstay Capital Management LLC ADV now owns 309,140 shares of the company’s stock valued at $25,819,000 after buying an additional 289,072 shares during the last quarter. BFI Infinity Ltd. lifted its position in shares of Global X Silver Miners ETF by 210.6% in the fourth quarter. BFI Infinity Ltd. now owns 119,423 shares of the company’s stock valued at $9,980,000 after buying an additional 227,381 shares during the last quarter. Royal Bank of Canada lifted its position in shares of Global X Silver Miners ETF by 620.3% in the first quarter. Royal Bank of Canada now owns 210,084 shares of the company’s stock valued at $8,288,000 after buying an additional 180,917 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of Global X Silver Miners ETF by 255.5% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 234,515 shares of the company’s stock valued at $16,798,000 after buying an additional 168,555 shares during the last quarter.

Global X Silver Miners ETF Stock Down 10.4%

SIL opened at $79.28 on Friday. Global X Silver Miners ETF has a 12-month low of $46.18 and a 12-month high of $119.24. The stock has a market cap of $4.74 billion, a price-to-earnings ratio of 32.07 and a beta of 0.79. The business has a 50 day moving average of $92.55 and a 200-day moving average of $92.09.

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.