Global X Silver Miners ETF (NYSEARCA:SIL) Shares Gap Down to $31.41

Global X Silver Miners ETF (NYSEARCA:SIL)’s share price gapped down prior to trading on Monday . The stock had previously closed at $31.41, but opened at $30.35. Global X Silver Miners ETF shares last traded at $30.78, with a volume of 385,426 shares trading hands.

Global X Silver Miners ETF Stock Up 2.2 %

The company has a market capitalization of $1.04 billion, a PE ratio of 26.27 and a beta of 0.95. The business has a 50 day simple moving average of $26.95 and a 200 day simple moving average of $26.29.

Institutional Investors Weigh In On Global X Silver Miners ETF

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Blue Bell Private Wealth Management LLC boosted its position in Global X Silver Miners ETF by 849.1% in the third quarter. Blue Bell Private Wealth Management LLC now owns 1,101 shares of the company’s stock valued at $26,000 after buying an additional 985 shares during the last quarter. Millburn Ridgefield Corp acquired a new position in Global X Silver Miners ETF during the fourth quarter valued at $105,000. SG Americas Securities LLC purchased a new stake in Global X Silver Miners ETF in the third quarter valued at $193,000. Signaturefd LLC grew its position in Global X Silver Miners ETF by 6.1% during the 3rd quarter. Signaturefd LLC now owns 8,500 shares of the company’s stock worth $203,000 after purchasing an additional 485 shares during the period. Finally, PFG Investments LLC purchased a new position in shares of Global X Silver Miners ETF during the 4th quarter valued at about $209,000.

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.