Oxbow Advisors LLC Purchases New Shares in Global X Silver Miners ETF $SIL

Oxbow Advisors LLC purchased a new position in Global X Silver Miners ETF (NYSEARCA:SIL) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,954 shares of the company’s stock, valued at approximately $426,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. PFG Investments LLC boosted its holdings in shares of Global X Silver Miners ETF by 16.1% during the 3rd quarter. PFG Investments LLC now owns 13,216 shares of the company’s stock valued at $947,000 after buying an additional 1,837 shares in the last quarter. Vanguard Capital Wealth Advisors bought a new stake in shares of Global X Silver Miners ETF in the 3rd quarter worth approximately $1,065,000. Root Financial Partners LLC purchased a new stake in shares of Global X Silver Miners ETF in the 3rd quarter worth approximately $27,000. Parsons Capital Management Inc. RI bought a new position in Global X Silver Miners ETF during the 3rd quarter valued at approximately $1,361,000. Finally, Turtle Creek Wealth Advisors LLC bought a new position in Global X Silver Miners ETF during the 3rd quarter valued at approximately $215,000.

Key Global X Silver Miners ETF News

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

• Positive Sentiment: Multiple reports tie the rally to strong fundamentals and safe-haven demand that support higher silver and miner valuations. Gold and silver’s frothy rally to $100 and $5K supported by strong fundamentals
• Positive Sentiment: Analyst pieces and buy?lists are pushing investor interest into silver and silver miners, increasing potential inflows to ETFs like SIL. 3 Silver Stocks to Buy Right Now
• Positive Sentiment: Coverage noting silver’s first-ever $100/oz milestone and continued upside expectations reinforces momentum for miners/ETFs. Silver finally hits $100 an ounce — and some experts say that’s just the beginning
• Positive Sentiment: Macro and geopolitical headlines (Iran, Ukraine, other global events) are cited as catalysts for precious?metal safe?haven flows. Silver Surges Past $100/oz on Mounting Geopolitical Headlines
• Neutral Sentiment: ETF?focused coverage highlights that ETFs (like SIL) are key ways for investors to access the rally, which could sustain flows but also concentrate short?term trading. ETFs to Watch as Silver’s Upward Momentum Continues
• Negative Sentiment: Several commentators warn silver is extremely overbought and caution against chasing the move — a risk for a near?term pullback that would pressure SIL. Silver is extremely overbought and investors shouldn’t chase prices – BCA’s Ibrahim
• Negative Sentiment: Contrarian traders argue the rally may have topped in the short term; such views can trigger profit?taking in miners and ETFs. This contrarian trader says silver has topped out — and this week’s action proves it

Global X Silver Miners ETF Trading Up 2.7%

Global X Silver Miners ETF stock opened at $111.56 on Friday. The business’s fifty day simple moving average is $83.92 and its two-hundred day simple moving average is $69.18. Global X Silver Miners ETF has a 12 month low of $32.45 and a 12 month high of $112.03. The company has a market capitalization of $6.84 billion, a price-to-earnings ratio of 32.07 and a beta of 0.71.

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.