342,009 Shares in Global X Silver Miners ETF $SIL Purchased by Electrum Group LLC

Electrum Group LLC acquired a new position in Global X Silver Miners ETF (NYSEARCA:SIL) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 342,009 shares of the company’s stock, valued at approximately $28,565,000. Global X Silver Miners ETF comprises about 2.5% of Electrum Group LLC’s holdings, making the stock its 5th largest holding. Electrum Group LLC owned about 0.52% of Global X Silver Miners ETF at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. 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 buying an additional 200 shares during the last quarter. 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 buying an additional 219 shares during the last quarter. Aptus Capital Advisors LLC boosted its holdings in Global X Silver Miners ETF by 45.3% in the 3rd quarter. Aptus Capital Advisors LLC now owns 722 shares of the company’s stock worth $52,000 after buying an additional 225 shares during the last quarter. Copia Wealth Management boosted its holdings in Global X Silver Miners ETF by 10.9% in the 4th quarter. Copia Wealth Management now owns 2,373 shares of the company’s stock worth $198,000 after buying an additional 233 shares during the last quarter. Finally, Ameriflex Group Inc. boosted its holdings in Global X Silver Miners ETF by 100.0% in the 3rd quarter. Ameriflex Group Inc. now owns 538 shares of the company’s stock worth $39,000 after buying an additional 269 shares during the last quarter.

Global X Silver Miners ETF Trading Down 2.2%

SIL stock opened at $77.79 on Wednesday. Global X Silver Miners ETF has a 12-month low of $46.18 and a 12-month high of $119.24. The stock has a market cap of $4.65 billion, a price-to-earnings ratio of 32.07 and a beta of 0.79. The business’s 50-day moving average is $92.39 and its 200 day moving average is $92.42.

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.