Mirae Asset Global Investments Co. Ltd. Cuts Stock Position in Global X Silver Miners ETF (NYSEARCA:SIL)

Mirae Asset Global Investments Co. Ltd. trimmed its position in Global X Silver Miners ETF (NYSEARCA:SIL) by 8.9% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,300 shares of the company’s stock after selling 1,200 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Global X Silver Miners ETF were worth $486,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Dunhill Financial LLC increased its position in Global X Silver Miners ETF by 100.0% during the 4th quarter. Dunhill Financial LLC now owns 1,000 shares of the company’s stock worth $32,000 after purchasing an additional 500 shares during the period. Spire Wealth Management boosted its stake in shares of Global X Silver Miners ETF by 59.8% in the first quarter. Spire Wealth Management now owns 834 shares of the company’s stock valued at $33,000 after buying an additional 312 shares in the last quarter. Parallel Advisors LLC acquired a new position in Global X Silver Miners ETF during the first quarter worth $39,000. Tidemark LLC raised its position in Global X Silver Miners ETF by 379.6% in the fourth quarter. Tidemark LLC now owns 1,362 shares of the company’s stock worth $43,000 after acquiring an additional 1,078 shares in the last quarter. Finally, Copia Wealth Management acquired a new stake in Global X Silver Miners ETF in the fourth quarter valued at $48,000.

Global X Silver Miners ETF Stock Performance

Shares of NYSEARCA SIL opened at $49.09 on Friday. Global X Silver Miners ETF has a one year low of $28.02 and a one year high of $49.76. The firm has a market capitalization of $2.03 billion, a P/E ratio of 32.07 and a beta of 0.98. The company’s fifty day moving average is $44.55 and its two-hundred day moving average is $39.14.

Global X Silver Miners ETF 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.