Comerica Bank Has $134,000 Position in Global X Silver Miners ETF $SIL

Comerica Bank reduced its stake in shares of Global X Silver Miners ETF (NYSEARCA:SIL) by 26.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,409 shares of the company’s stock after selling 1,218 shares during the quarter. Comerica Bank’s holdings in Global X Silver Miners ETF were worth $134,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Stephens Inc. AR lifted its holdings in shares of Global X Silver Miners ETF by 3.3% during the 1st quarter. Stephens Inc. AR now owns 8,109 shares of the company’s stock valued at $320,000 after purchasing an additional 256 shares in the last quarter. Spire Wealth Management lifted its stake in Global X Silver Miners ETF by 59.8% in the 1st quarter. Spire Wealth Management now owns 834 shares of the company’s stock valued at $33,000 after acquiring an additional 312 shares in the last quarter. National Bank of Canada FI lifted its stake in Global X Silver Miners ETF by 8.3% in the 1st quarter. National Bank of Canada FI now owns 5,057 shares of the company’s stock valued at $199,000 after acquiring an additional 386 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Global X Silver Miners ETF by 42.8% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,438 shares of the company’s stock valued at $57,000 after acquiring an additional 431 shares in the last quarter. Finally, Pekin Hardy Strauss Inc. lifted its stake in Global X Silver Miners ETF by 1.1% in the 1st quarter. Pekin Hardy Strauss Inc. now owns 43,999 shares of the company’s stock valued at $1,736,000 after acquiring an additional 500 shares in the last quarter.

Global X Silver Miners ETF Stock Performance

NYSEARCA SIL opened at $63.76 on Thursday. The stock has a market capitalization of $2.83 billion, a price-to-earnings ratio of 32.07 and a beta of 0.98. The stock’s 50 day moving average price is $53.07 and its two-hundred day moving average price is $45.41. Global X Silver Miners ETF has a 52 week low of $30.50 and a 52 week high of $63.81.

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.