Simplex Trading LLC Trims Stake in Global X Silver Miners ETF (NYSEARCA:SIL)

Simplex Trading LLC cut its stake in Global X Silver Miners ETF (NYSEARCA:SIL) by 53.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 17,818 shares of the company’s stock after selling 20,457 shares during the quarter. Simplex Trading LLC owned approximately 0.05% of Global X Silver Miners ETF worth $566,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. FMR LLC increased its stake in shares of Global X Silver Miners ETF by 260.4% in the 3rd quarter. FMR LLC now owns 865 shares of the company’s stock valued at $30,000 after purchasing an additional 625 shares in the last quarter. Tidemark LLC raised its stake in shares of Global X Silver Miners ETF by 379.6% during the 4th quarter. Tidemark LLC now owns 1,362 shares of the company’s stock worth $43,000 after buying an additional 1,078 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Global X Silver Miners ETF by 97.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,306 shares of the company’s stock valued at $46,000 after buying an additional 645 shares in the last quarter. Steward Partners Investment Advisory LLC lifted its position in shares of Global X Silver Miners ETF by 192.3% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,800 shares of the company’s stock valued at $121,000 after buying an additional 2,500 shares in the last quarter. Finally, Franklin Resources Inc. increased its holdings in Global X Silver Miners ETF by 324.5% in the 3rd quarter. Franklin Resources Inc. now owns 4,245 shares of the company’s stock worth $154,000 after acquiring an additional 3,245 shares in the last quarter.

Global X Silver Miners ETF Stock Performance

NYSEARCA:SIL opened at $39.12 on Wednesday. The stock has a market capitalization of $1.39 billion, a PE ratio of 33.62 and a beta of 0.95. Global X Silver Miners ETF has a fifty-two week low of $28.02 and a fifty-two week high of $42.29. The company has a fifty day moving average of $36.76 and a two-hundred day moving average of $36.21.

About Global X Silver Miners ETF

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.