Raymond James Financial Services Advisors Inc. Sells 3,281 Shares of Global X Silver Miners ETF (NYSEARCA:SIL)

Raymond James Financial Services Advisors Inc. trimmed its stake in shares of Global X Silver Miners ETF (NYSEARCA:SIL) by 12.7% during the 4th quarter, Holdings Channel.com reports. The fund owned 22,608 shares of the company’s stock after selling 3,281 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Global X Silver Miners ETF were worth $641,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of SIL. Blue Bell Private Wealth Management LLC grew its position in shares of Global X Silver Miners ETF by 849.1% in the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 1,101 shares of the company’s stock worth $26,000 after buying an additional 985 shares during the last quarter. Steward Partners Investment Advisory LLC grew its position in shares of Global X Silver Miners ETF by 85.7% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,300 shares of the company’s stock worth $37,000 after buying an additional 600 shares during the last quarter. Tyler Stone Wealth Management bought a new stake in shares of Global X Silver Miners ETF in the 2nd quarter worth approximately $69,000. Comerica Bank bought a new stake in shares of Global X Silver Miners ETF in the 3rd quarter worth approximately $72,000. Finally, Sunbelt Securities Inc. bought a new stake in shares of Global X Silver Miners ETF in the 1st quarter worth approximately $94,000.

Global X Silver Miners ETF Stock Performance

Shares of SIL stock opened at $31.06 on Thursday. The firm has a market cap of $1.04 billion, a P/E ratio of 26.27 and a beta of 0.95. Global X Silver Miners ETF has a fifty-two week low of $22.57 and a fifty-two week high of $33.47. The business’s 50 day moving average price is $26.42 and its 200-day moving average price is $26.04.

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.