Arlington Capital Management Inc. Buys New Shares in Global X Silver Miners ETF $SIL

Arlington Capital Management Inc. bought a new position in shares of Global X Silver Miners ETF (NYSEARCA:SIL) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 37,175 shares of the company’s stock, valued at approximately $3,105,000. Global X Silver Miners ETF comprises approximately 1.9% of Arlington Capital Management Inc.’s holdings, making the stock its 20th largest position. Arlington Capital Management Inc. owned 0.06% of Global X Silver Miners ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Meitav Investment House Ltd. grew its position in shares of Global X Silver Miners ETF by 87.7% in the 3rd quarter. Meitav Investment House Ltd. now owns 1,220,000 shares of the company’s stock valued at $87,151,000 after acquiring an additional 570,000 shares during the period. Bank of Nova Scotia bought a new stake in shares of Global X Silver Miners ETF in the 3rd quarter valued at about $85,405,000. Ameriprise Financial Inc. lifted its stake in Global X Silver Miners ETF by 100.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 255,277 shares of the company’s stock valued at $12,476,000 after purchasing an additional 128,104 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Global X Silver Miners ETF by 255.5% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 234,515 shares of the company’s stock valued at $16,798,000 after purchasing an additional 168,555 shares during the last quarter. Finally, Citigroup Inc. grew its holdings in Global X Silver Miners ETF by 18.8% during the third quarter. Citigroup Inc. now owns 215,353 shares of the company’s stock worth $15,426,000 after purchasing an additional 34,072 shares during the period.

Global X Silver Miners ETF Stock Down 5.7%

Shares of NYSEARCA SIL opened at $82.85 on Friday. The business’s 50 day moving average price is $102.13 and its two-hundred day moving average price is $82.91. The company has a market cap of $5.42 billion, a PE ratio of 32.07 and a beta of 0.71. Global X Silver Miners ETF has a twelve month low of $33.11 and a twelve month high of $119.24.

Global X Silver Miners ETF News Summary

Here are the key news stories impacting Global X Silver Miners ETF this week:

• Positive Sentiment: Barron’s technical note flags a potential bottom in silver near $60 and a target entry at $61 — if silver reaches that zone it could present a tactical buying opportunity for SIL and miners. Read More.
• Neutral Sentiment: Kitco’s longer-term “physical realignment” piece outlines an extreme bullish scenario for physical metal shortages and much higher silver prices — this is a structural thesis that would be very positive for SIL over a multi‑year horizon but is speculative versus today’s price action. Read More.
• Neutral Sentiment: FXEmpire and other forecasts highlight a tug‑of‑war between Middle East tensions (supportive) and a hawkish Fed / hot PPI (negative) — this suggests continued volatility and that FED/inflation datapoints will likely drive short‑term moves. Read More.
• Negative Sentiment: WSJ and multiple market reports attribute the current selloff in gold and silver to rising inflation expectations and dimmed hopes for rate cuts — a macro driver directly pressuring SIL. Read More.
• Negative Sentiment: CNBC, Kitco and other outlets report that hot U.S. inflation/PPI data and hawkish Fed expectations have accelerated declines in precious metals, increasing downside risk for miners and SIL. Read More.
• Negative Sentiment: Forbes and market commentators note an outsized tumble in silver (and a negative correlation with rising oil), and miners have already fallen in line with metal prices — evidence that SIL is being driven lower by commodity moves rather than idiosyncratic ETF factors. Read More.
• Negative Sentiment: European miner action: FTSE miners and major producers slid as metals retreated, reinforcing sectorwide pressure that usually compounds ETF weakness. Read More.

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.