BFI Infinity Ltd. Acquires New Position in Global X Silver Miners ETF $SIL

BFI Infinity Ltd. bought a new position in shares of Global X Silver Miners ETF (NYSEARCA:SIL) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 27,301 shares of the company’s stock, valued at approximately $2,348,000. Global X Silver Miners ETF comprises approximately 1.1% of BFI Infinity Ltd.’s investment portfolio, making the stock its 19th largest position. BFI Infinity Ltd. owned about 0.05% of Global X Silver Miners ETF at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Bank of Nova Scotia increased its stake in shares of Global X Silver Miners ETF by 307.5% in the 1st quarter. Bank of Nova Scotia now owns 1,203,736 shares of the company’s stock valued at $108,433,000 after purchasing an additional 908,336 shares during the last quarter. CI Investments Inc. bought a new stake in shares of Global X Silver Miners ETF during the 1st quarter worth $14,802,000. Asset One Wealth Management LLC bought a new stake in shares of Global X Silver Miners ETF during the 4th quarter worth $11,549,000. Elevation Point Wealth Partners LLC acquired a new stake in Global X Silver Miners ETF in the first quarter valued at about $4,592,000. Finally, Y Intercept Hong Kong Ltd acquired a new stake in Global X Silver Miners ETF in the first quarter valued at about $4,232,000.

Global X Silver Miners ETF Stock Up 3.5%

Global X Silver Miners ETF stock opened at $82.30 on Friday. Global X Silver Miners ETF has a 12-month low of $61.80 and a 12-month high of $119.24. The business’s 50-day moving average price is $92.47 and its two-hundred day moving average price is $88.13. The stock has a market cap of $4.15 billion, a PE ratio of 32.07 and a beta of 0.86.

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.