Envestnet Asset Management Inc. Has $5.76 Million Stake in Global X Silver Miners ETF $SIL

Envestnet Asset Management Inc. reduced its position in Global X Silver Miners ETF (NYSEARCA:SIL) by 3.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 119,708 shares of the company’s stock after selling 4,809 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.27% of Global X Silver Miners ETF worth $5,763,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the company. Bogart Wealth LLC lifted its holdings in Global X Silver Miners ETF by 3,080.0% in the second quarter. Bogart Wealth LLC now owns 636 shares of the company’s stock valued at $31,000 after buying an additional 616 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of 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 worth $57,000 after acquiring an additional 431 shares in the last quarter. Kiker Wealth Management LLC lifted its stake in shares of Global X Silver Miners ETF by 52.2% in the 2nd quarter. Kiker Wealth Management LLC now owns 1,750 shares of the company’s stock valued at $84,000 after purchasing an additional 600 shares during the period. Copia Wealth Management lifted its stake in shares of Global X Silver Miners ETF by 40.0% in the 2nd quarter. Copia Wealth Management now owns 2,140 shares of the company’s stock valued at $103,000 after purchasing an additional 611 shares during the period. Finally, CWM LLC bought a new stake in shares of Global X Silver Miners ETF during the 2nd quarter valued at about $107,000.

Global X Silver Miners ETF Price Performance

NYSEARCA SIL opened at $70.43 on Thursday. The stock has a market capitalization of $3.86 billion, a P/E ratio of 32.07 and a beta of 0.71. The business has a 50 day simple moving average of $68.25 and a 200 day simple moving average of $55.14. Global X Silver Miners ETF has a one year low of $31.37 and a one year high of $80.72.

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.