WIT Partners Advisory Pte. Ltd. Acquires 18,052 Shares of Global X Silver Miners ETF $SIL

WIT Partners Advisory Pte. Ltd. grew its holdings in shares of Global X Silver Miners ETF (NYSEARCA:SIL) by 34.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 70,552 shares of the company’s stock after purchasing an additional 18,052 shares during the quarter. Global X Silver Miners ETF makes up about 1.9% of WIT Partners Advisory Pte. Ltd.’s portfolio, making the stock its 5th biggest holding. WIT Partners Advisory Pte. Ltd. owned approximately 0.11% of Global X Silver Miners ETF worth $5,598,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. TD Waterhouse Canada Inc. boosted its stake in Global X Silver Miners ETF by 133.3% during the 4th quarter. TD Waterhouse Canada Inc. now owns 350 shares of the company’s stock worth $29,000 after purchasing an additional 200 shares during the last quarter. Mainstay Capital Management LLC ADV boosted its position in shares of Global X Silver Miners ETF by 1,440.5% during the 4th quarter. Mainstay Capital Management LLC ADV now owns 309,140 shares of the company’s stock valued at $25,819,000 after acquiring an additional 289,072 shares during the last quarter. Global Wealth Management LLC acquired a new position in shares of Global X Silver Miners ETF during the 4th quarter valued at about $224,000. Merit Financial Group LLC acquired a new position in shares of Global X Silver Miners ETF during the 4th quarter valued at about $212,000. Finally, Nations Financial Group Inc. IA ADV acquired a new position in shares of Global X Silver Miners ETF during the 4th quarter valued at about $241,000.

Global X Silver Miners ETF Trading Down 5.3%

Shares of SIL stock opened at $94.19 on Wednesday. The company’s 50-day moving average price is $97.81 and its 200-day moving average price is $87.32. The stock has a market cap of $5.40 billion, a price-to-earnings ratio of 32.07 and a beta of 0.87. Global X Silver Miners ETF has a twelve month low of $38.59 and a twelve month 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.