Insigneo Advisory Services LLC Makes New Investment in Global X Silver Miners ETF $SIL

Insigneo Advisory Services LLC bought a new stake in Global X Silver Miners ETF (NYSEARCA:SIL) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 5,580 shares of the company’s stock, valued at approximately $400,000.

Several other hedge funds have also added to or reduced their stakes in the company. Sprott Inc. boosted its stake in Global X Silver Miners ETF by 3.4% in the 3rd quarter. Sprott Inc. now owns 77,226 shares of the company’s stock valued at $5,532,000 after purchasing an additional 2,555 shares during the period. Kingsview Wealth Management LLC bought a new position in Global X Silver Miners ETF during the 3rd quarter worth $616,000. Arete Wealth Advisors LLC lifted its holdings in shares of Global X Silver Miners ETF by 6.3% during the third quarter. Arete Wealth Advisors LLC now owns 7,801 shares of the company’s stock worth $557,000 after buying an additional 464 shares in the last quarter. Caitlin John LLC acquired a new stake in shares of Global X Silver Miners ETF during the third quarter worth $115,000. Finally, IAG Wealth Partners LLC bought a new stake in shares of Global X Silver Miners ETF in the third quarter valued at about $72,000.

Global X Silver Miners ETF Stock Performance

SIL stock opened at $101.23 on Friday. The company’s 50-day simple moving average is $100.27 and its 200 day simple moving average is $80.35. Global X Silver Miners ETF has a 52 week low of $33.11 and a 52 week high of $119.24. The company has a market capitalization of $6.63 billion, a PE ratio of 32.07 and a beta of 0.71.

More Global X Silver Miners ETF News

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

• Positive Sentiment: Institutional flows into silver miners are accelerating as industrial demand and growing eastern market participation reshape silver pricing — this supports longer?term upside for mining exposure. Institutional capital scrambles for silver miners
• Positive Sentiment: Downbeat U.S. jobs data triggered safe?haven demand that lifted silver and miners in intraday trade, a catalyst that can boost SIL if the employment weakness persists. Price gains for gold, silver after downbeat U.S. jobs data
• Positive Sentiment: Macro commentary and forecasts flagged the potential for metals to rebound if NFP prints remain weak, reinforcing a tactical buying case for mining ETFs on policy?sensitive data days. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Rebounds As Non Farm Payrolls Miss Estimates
• Neutral Sentiment: Pre?NFP positioning produced modest gains and heightened volatility in silver — traders are watching upcoming data releases that could swing flows both ways. Modest price gains in gold, silver ahead of U.S. jobs data
• Negative Sentiment: Earlier dollar strength and rising bond yields prompted a selloff in gold and silver, creating headwinds for SIL and prompting short?term outflows and profit taking. Gold, silver sell off as USDX rallies, bond yields rise
• Negative Sentiment: Analyst/forecast chatter about pullbacks and breaks below key metal price levels increases short?term downside risk for mining stocks and ETF holdings. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Moves Below $5100 As Pullback Continues

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.