Sharpepoint LLC purchased a new position in shares of Global X Silver Miners ETF (NYSEARCA:SIL – Free Report) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 42,670 shares of the company’s stock, valued at approximately $3,564,000. Global X Silver Miners ETF accounts for approximately 2.1% of Sharpepoint LLC’s investment portfolio, making the stock its 17th largest holding.
Other large investors have also recently added to or reduced their stakes in the company. SG Americas Securities LLC grew its position in Global X Silver Miners ETF by 465.8% during the fourth quarter. SG Americas Securities LLC now owns 14,320 shares of the company’s stock worth $1,196,000 after buying an additional 11,789 shares during the period. Clifford Swan Investment Counsel LLC acquired a new position in Global X Silver Miners ETF during the third quarter worth about $1,056,000. Cantor Fitzgerald L. P. acquired a new position in Global X Silver Miners ETF during the third quarter worth about $717,000. Clear Creek Financial Management LLC acquired a new position in Global X Silver Miners ETF during the fourth quarter worth about $3,822,000. Finally, Insigneo Advisory Services LLC acquired a new position in Global X Silver Miners ETF during the third quarter worth about $400,000.
Global X Silver Miners ETF Trading Down 4.5%
Shares of SIL opened at $74.26 on Thursday. The firm’s 50-day moving average is $92.21 and its two-hundred day moving average is $92.49. Global X Silver Miners ETF has a twelve month low of $46.18 and a twelve month high of $119.24. The firm has a market capitalization of $4.44 billion, a P/E ratio of 32.07 and a beta of 0.79.
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.
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Want to see what other hedge funds are holding SIL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X Silver Miners ETF (NYSEARCA:SIL – Free Report).
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