Veracity Capital LLC Purchases 6,775 Shares of Global X Silver Miners ETF $SIL

Veracity Capital LLC acquired a new stake in shares of Global X Silver Miners ETF (NYSEARCA:SIL) in the third quarter, Holdings Channel.com reports. The firm acquired 6,775 shares of the company’s stock, valued at approximately $583,000.

Several other hedge funds have also made changes to their positions in SIL. Bank of Nova Scotia grew its position in Global X Silver Miners ETF by 307.5% during the first quarter. Bank of Nova Scotia now owns 1,203,736 shares of the company’s stock worth $108,433,000 after buying an additional 908,336 shares in the last quarter. Electrum Group LLC acquired a new position in Global X Silver Miners ETF in the 4th quarter valued at approximately $28,565,000. CI Investments Inc. bought a new stake in shares of Global X Silver Miners ETF in the 1st quarter worth approximately $14,802,000. Asset One Wealth Management LLC bought a new stake in shares of Global X Silver Miners ETF in the 4th quarter worth approximately $11,549,000. Finally, Elevation Point Wealth Partners LLC acquired a new stake in shares of Global X Silver Miners ETF during the 1st quarter worth approximately $4,592,000.

Global X Silver Miners ETF Price Performance

Shares of SIL traded up $0.88 on Thursday, reaching $84.44. 536,650 shares of the stock traded hands, compared to its average volume of 2,202,263. The firm has a market cap of $4.31 billion, a price-to-earnings ratio of 32.07 and a beta of 0.86. Global X Silver Miners ETF has a 12 month low of $61.80 and a 12 month high of $119.24. The stock’s 50-day moving average price is $91.83 and its 200-day moving average price is $88.07.

About Global X Silver Miners ETF

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.