Wealthfront Advisers LLC Grows Stake in Global X Silver Miners ETF $SIL

Wealthfront Advisers LLC grew its stake in shares of Global X Silver Miners ETF (NYSEARCA:SIL) by 97.5% during the first quarter, HoldingsChannel reports. The firm owned 38,726 shares of the company’s stock after buying an additional 19,122 shares during the period. Wealthfront Advisers LLC’s holdings in Global X Silver Miners ETF were worth $3,488,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of SIL. Hollencrest Capital Management raised its holdings in shares of Global X Silver Miners ETF by 0.6% during the 4th quarter. Hollencrest Capital Management now owns 18,711 shares of the company’s stock valued at $1,563,000 after buying an additional 120 shares during the period. TD Waterhouse Canada Inc. boosted its holdings in Global X Silver Miners ETF by 133.3% in the 4th quarter. TD Waterhouse Canada Inc. now owns 350 shares of the company’s stock worth $29,000 after acquiring an additional 200 shares during the period. CIBC Private Wealth Group LLC boosted its holdings in Global X Silver Miners ETF by 204.7% in the 4th quarter. CIBC Private Wealth Group LLC now owns 323 shares of the company’s stock worth $27,000 after acquiring an additional 217 shares during the period. Sequoia Financial Advisors LLC boosted its holdings in Global X Silver Miners ETF by 2.9% in the 4th quarter. Sequoia Financial Advisors LLC now owns 7,818 shares of the company’s stock worth $653,000 after acquiring an additional 219 shares during the period. Finally, Aptus Capital Advisors LLC grew its position in Global X Silver Miners ETF by 45.3% in the third quarter. Aptus Capital Advisors LLC now owns 722 shares of the company’s stock valued at $52,000 after acquiring an additional 225 shares in the last quarter.

Global X Silver Miners ETF Price Performance

SIL opened at $71.74 on Monday. The firm has a market capitalization of $3.89 billion, a P/E ratio of 32.07 and a beta of 0.83. The firm’s 50 day moving average is $83.86 and its 200-day moving average is $92.32. Global X Silver Miners ETF has a 52-week low of $47.09 and a 52-week high of $119.24.

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.