Raymond James & Associates Buys 9,246 Shares of Global X Silver Miners ETF (NYSEARCA:SIL)

Raymond James & Associates grew its stake in Global X Silver Miners ETF (NYSEARCA:SIL – Get Rating) by 7.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 137,147 shares of the company’s stock after acquiring an additional 9,246 shares during the quarter. Raymond James & Associates’ holdings in Global X Silver Miners ETF were worth $3,863,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Bessemer Group Inc. increased its stake in shares of Global X Silver Miners ETF by 229,302.8% in the 3rd quarter. Bessemer Group Inc. now owns 1,536,999 shares of the company’s stock valued at $37,057,000 after acquiring an additional 1,536,329 shares during the last quarter. 1832 Asset Management L.P. bought a new stake in Global X Silver Miners ETF during the 1st quarter worth approximately $36,932,000. Jane Street Group LLC increased its stake in Global X Silver Miners ETF by 1,794.0% during the 2nd quarter. Jane Street Group LLC now owns 979,808 shares of the company’s stock worth $25,377,000 after purchasing an additional 928,075 shares in the last quarter. UBS Group AG increased its stake in Global X Silver Miners ETF by 22.2% during the 4th quarter. UBS Group AG now owns 461,252 shares of the company’s stock worth $12,993,000 after purchasing an additional 83,683 shares in the last quarter. Finally, LPL Financial LLC increased its stake in Global X Silver Miners ETF by 2.2% during the 4th quarter. LPL Financial LLC now owns 455,350 shares of the company’s stock worth $12,827,000 after purchasing an additional 9,862 shares in the last quarter.

Global X Silver Miners ETF Stock Performance

NYSEARCA SIL opened at $26.96 on Thursday. The business has a 50 day simple moving average of $30.05 and a 200 day simple moving average of $29.06. Global X Silver Miners ETF has a 52-week low of $21.26 and a 52-week high of $33.24. The stock has a market cap of $910.98 million, a price-to-earnings ratio of 29.38 and a beta of 0.98.

About Global X Silver Miners ETF

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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.