Farther Finance Advisors LLC Raises Stock Position in Global X Silver Miners ETF $SIL

Farther Finance Advisors LLC lifted its stake in shares of Global X Silver Miners ETF (NYSEARCA:SIL) by 335.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,700 shares of the company’s stock after buying an additional 2,850 shares during the quarter. Farther Finance Advisors LLC’s holdings in Global X Silver Miners ETF were worth $178,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Juncture Wealth Strategies LLC increased its holdings in shares of Global X Silver Miners ETF by 5.2% in the 2nd quarter. Juncture Wealth Strategies LLC now owns 25,266 shares of the company’s stock valued at $1,216,000 after acquiring an additional 1,253 shares during the period. Arete Wealth Advisors LLC purchased a new stake in shares of Global X Silver Miners ETF in the 1st quarter worth about $289,000. Sender Co & Partners Inc. purchased a new stake in shares of Global X Silver Miners ETF in the 1st quarter worth about $686,000. NewEdge Advisors LLC boosted its position in shares of Global X Silver Miners ETF by 120.6% in the 1st quarter. NewEdge Advisors LLC now owns 14,781 shares of the company’s stock worth $583,000 after buying an additional 8,082 shares in the last quarter. Finally, Federation des caisses Desjardins du Quebec boosted its position in shares of Global X Silver Miners ETF by 16.3% in the 1st quarter. Federation des caisses Desjardins du Quebec now owns 74,208 shares of the company’s stock worth $2,928,000 after buying an additional 10,425 shares in the last quarter.

Global X Silver Miners ETF Stock Up 0.4%

Global X Silver Miners ETF stock opened at $71.89 on Thursday. Global X Silver Miners ETF has a 52 week low of $31.37 and a 52 week high of $73.60. The firm’s 50-day simple moving average is $58.55 and its 200 day simple moving average is $48.67. The firm has a market capitalization of $3.19 billion, a PE ratio of 32.07 and a beta of 0.98.

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.