Crescent Grove Advisors LLC Reduces Stock Position in Global X Silver Miners ETF $SIL

Crescent Grove Advisors LLC reduced its holdings in shares of Global X Silver Miners ETF (NYSEARCA:SIL) by 38.4% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 29,516 shares of the company’s stock after selling 18,424 shares during the quarter. Crescent Grove Advisors LLC’s holdings in Global X Silver Miners ETF were worth $2,659,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Hollencrest Capital Management lifted its stake in Global X Silver Miners ETF by 0.6% during the fourth quarter. Hollencrest Capital Management now owns 18,711 shares of the company’s stock worth $1,563,000 after purchasing an additional 120 shares during the last quarter. TD Waterhouse Canada Inc. increased its stake in Global X Silver Miners ETF by 133.3% in the fourth quarter. TD Waterhouse Canada Inc. now owns 350 shares of the company’s stock valued at $29,000 after purchasing an additional 200 shares during the last quarter. CIBC Private Wealth Group LLC increased its stake in Global X Silver Miners ETF by 204.7% in the fourth quarter. CIBC Private Wealth Group LLC now owns 323 shares of the company’s stock valued at $27,000 after purchasing an additional 217 shares during the last quarter. Sequoia Financial Advisors LLC raised its holdings in Global X Silver Miners ETF by 2.9% during the fourth quarter. Sequoia Financial Advisors LLC now owns 7,818 shares of the company’s stock worth $653,000 after purchasing an additional 219 shares in the last quarter. Finally, Aptus Capital Advisors LLC raised its holdings in Global X Silver Miners ETF by 45.3% during the third quarter. Aptus Capital Advisors LLC now owns 722 shares of the company’s stock worth $52,000 after purchasing an additional 225 shares in the last quarter.

Global X Silver Miners ETF Price Performance

NYSEARCA SIL opened at $71.74 on Friday. The firm’s fifty day moving average price is $83.86 and its 200 day moving average price is $92.27. Global X Silver Miners ETF has a 12 month low of $47.09 and a 12 month high of $119.24. The company has a market capitalization of $3.89 billion, a price-to-earnings ratio of 32.07 and a beta of 0.83.

Global X Silver Miners ETF 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.