Global X Silver Miners ETF $SIL Stock Position Lowered by Quattro Financial Advisors LLC

Quattro Financial Advisors LLC reduced its position in Global X Silver Miners ETF (NYSEARCA:SIL) by 28.4% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 24,840 shares of the company’s stock after selling 9,850 shares during the quarter. Quattro Financial Advisors LLC’s holdings in Global X Silver Miners ETF were worth $2,136,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in SIL. Bank of Nova Scotia raised its holdings in shares of Global X Silver Miners ETF by 307.5% during the first quarter. Bank of Nova Scotia now owns 1,203,736 shares of the company’s stock valued at $108,433,000 after acquiring an additional 908,336 shares during the period. CI Investments Inc. acquired a new position in Global X Silver Miners ETF in the 1st quarter worth approximately $14,802,000. Cetera Investment Advisers boosted its stake in Global X Silver Miners ETF by 11.7% in the 1st quarter. Cetera Investment Advisers now owns 149,572 shares of the company’s stock worth $13,473,000 after purchasing an additional 15,654 shares during the period. Asset One Wealth Management LLC purchased a new position in Global X Silver Miners ETF during the 4th quarter worth approximately $11,549,000. Finally, BFI Infinity Ltd. grew its position in Global X Silver Miners ETF by 1.2% during the 2nd quarter. BFI Infinity Ltd. now owns 122,772 shares of the company’s stock worth $9,520,000 after purchasing an additional 1,453 shares in the last quarter.

Global X Silver Miners ETF Stock Up 3.5%

Shares of NYSEARCA:SIL opened at $82.30 on Friday. The company’s fifty day moving average is $92.47 and its two-hundred day moving average is $88.13. Global X Silver Miners ETF has a 12-month low of $61.80 and a 12-month high of $119.24. The company has a market cap of $4.15 billion, a P/E 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.