Franklin Resources Inc. Purchases 3,245 Shares of Global X Silver Miners ETF (NYSEARCA:SIL)

Franklin Resources Inc. increased its holdings in Global X Silver Miners ETF (NYSEARCA:SIL) by 324.5% during the 3rd quarter, Holdings Channel reports. The firm owned 4,245 shares of the company’s stock after buying an additional 3,245 shares during the period. Franklin Resources Inc.’s holdings in Global X Silver Miners ETF were worth $154,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of SIL. FMR LLC boosted its position in Global X Silver Miners ETF by 260.4% during the 3rd quarter. FMR LLC now owns 865 shares of the company’s stock valued at $30,000 after acquiring an additional 625 shares in the last quarter. Stifel Financial Corp lifted its holdings in shares of Global X Silver Miners ETF by 40.9% during the third quarter. Stifel Financial Corp now owns 38,136 shares of the company’s stock valued at $1,338,000 after purchasing an additional 11,063 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Global X Silver Miners ETF by 21.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 121,219 shares of the company’s stock valued at $3,781,000 after acquiring an additional 21,639 shares during the last quarter. Sunbelt Securities Inc. boosted its stake in shares of Global X Silver Miners ETF by 51.4% in the 3rd quarter. Sunbelt Securities Inc. now owns 5,955 shares of the company’s stock worth $209,000 after buying an additional 2,022 shares during the last quarter. Finally, Creative Planning bought a new position in shares of Global X Silver Miners ETF in the 2nd quarter worth approximately $548,000.

Global X Silver Miners ETF Price Performance

NYSEARCA:SIL opened at $33.12 on Friday. The business has a fifty day moving average price of $36.31 and a 200-day moving average price of $34.70. The firm has a market capitalization of $1.11 billion, a price-to-earnings ratio of 25.53 and a beta of 0.95. Global X Silver Miners ETF has a one year low of $22.58 and a one year high of $42.29.

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.