Independent Advisor Alliance Acquires Shares of 10,196 Global X Silver Miners ETF (NYSEARCA:SIL)

Independent Advisor Alliance bought a new position in shares of Global X Silver Miners ETF (NYSEARCA:SILFree Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 10,196 shares of the company’s stock, valued at approximately $324,000.

Other hedge funds have also modified their holdings of the company. Raymond James Financial Inc. purchased a new position in shares of Global X Silver Miners ETF during the fourth quarter worth about $2,766,000. SPC Financial Inc. raised its stake in shares of Global X Silver Miners ETF by 1.6% during the fourth quarter. SPC Financial Inc. now owns 19,406 shares of the company’s stock worth $617,000 after purchasing an additional 311 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its holdings in shares of Global X Silver Miners ETF by 192.3% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 3,800 shares of the company’s stock worth $121,000 after purchasing an additional 2,500 shares during the period. Oppenheimer & Co. Inc. acquired a new position in Global X Silver Miners ETF in the 4th quarter valued at $346,000. Finally, Sprott Inc. acquired a new stake in shares of Global X Silver Miners ETF in the 4th quarter worth $1,378,000.

Global X Silver Miners ETF Stock Down 0.4 %

Shares of Global X Silver Miners ETF stock opened at $40.51 on Wednesday. The company’s 50-day simple moving average is $35.41 and its 200-day simple moving average is $35.65. Global X Silver Miners ETF has a 52-week low of $25.20 and a 52-week high of $42.29. The firm has a market cap of $1.42 billion, a price-to-earnings ratio of 34.13 and a beta of 1.05.

Global X Silver Miners ETF Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Global X Silver Miners ETF (NYSEARCA:SIL)

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