Global X Silver Miners ETF $SIL Shares Sold by Park Avenue Securities LLC

Park Avenue Securities LLC cut its stake in shares of Global X Silver Miners ETF (NYSEARCA:SIL) by 17.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,535 shares of the company’s stock after selling 1,755 shares during the period. Park Avenue Securities LLC’s holdings in Global X Silver Miners ETF were worth $411,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Spire Wealth Management increased its holdings in Global X Silver Miners ETF by 59.8% during the 1st quarter. Spire Wealth Management now owns 834 shares of the company’s stock worth $33,000 after purchasing an additional 312 shares during the period. Parallel Advisors LLC purchased a new stake in shares of Global X Silver Miners ETF during the 1st quarter worth $39,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of Global X Silver Miners ETF by 42.8% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,438 shares of the company’s stock worth $57,000 after purchasing an additional 431 shares in the last quarter. Capital Investment Advisory Services LLC purchased a new position in Global X Silver Miners ETF in the first quarter valued at $99,000. Finally, FNY Investment Advisers LLC purchased a new position in Global X Silver Miners ETF in the first quarter valued at $103,000.

Global X Silver Miners ETF Price Performance

Shares of NYSEARCA SIL opened at $71.01 on Tuesday. Global X Silver Miners ETF has a 1 year low of $31.37 and a 1 year high of $71.98. The company has a market capitalization of $3.15 billion, a price-to-earnings ratio of 32.07 and a beta of 0.98. The business has a 50-day moving average of $57.72 and a two-hundred day moving average of $48.34.

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.