Envestnet Asset Management Inc. Grows Holdings in Global X Silver Miners ETF $SIL

Envestnet Asset Management Inc. boosted its position in shares of Global X Silver Miners ETF (NYSEARCA:SIL) by 8.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 129,242 shares of the company’s stock after acquiring an additional 9,534 shares during the period. Envestnet Asset Management Inc. owned 0.25% of Global X Silver Miners ETF worth $9,258,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Atlantic Union Bankshares Corp increased its stake in shares of Global X Silver Miners ETF by 661.7% in the third quarter. Atlantic Union Bankshares Corp now owns 457 shares of the company’s stock worth $33,000 after purchasing an additional 397 shares in the last quarter. Money Concepts Capital Corp bought a new position in Global X Silver Miners ETF in the 3rd quarter worth $553,000. Jones Financial Companies Lllp bought a new position in Global X Silver Miners ETF in the 3rd quarter worth $78,000. Yong Rong HK Asset Management Ltd purchased a new stake in Global X Silver Miners ETF in the 3rd quarter worth $8,596,000. Finally, Bryn Mawr Trust Advisors LLC bought a new position in shares of Global X Silver Miners ETF in the third quarter worth about $262,000.

Global X Silver Miners ETF Trading Up 2.7%

NYSEARCA:SIL opened at $103.22 on Friday. The stock has a 50-day moving average price of $94.78 and a 200 day moving average price of $75.99. The stock has a market capitalization of $6.76 billion, a P/E ratio of 32.07 and a beta of 0.71. Global X Silver Miners ETF has a 12-month low of $33.11 and a 12-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: Safe‑haven flows tied to U.S.‑Iran developments lifted demand for gold and silver, a direct tailwind for silver miners and SIL. Gold, silver see modest gains as marketplace monitors U.S.-Iran developments
• Positive Sentiment: Big, bullish price forecasts from commodity strategists (AuAg Funds projecting silver near $133) raise upside expectations for miners, though they warn of significant volatility — positive for SIL if metals continue higher. Gold headed to $6,000 this year, silver to $133, but expect 30% price swings – AuAg Funds
• Positive Sentiment: Technical setups and expectations for eventual rate easing are being cited as supportive for precious metals; bullish technical structure increases the likelihood miners participate in any extended rally. Gold and Silver Technical Analysis: Bullish Structure Builds Ahead of FOMC Minutes
• Neutral Sentiment: Bargain buying helped recent rallies in gold and silver, a behavioral short‑term boost that can support miner ETFs but may not signal a sustained directional change without follow‑through. Gold, silver rally on bargain buying
• Negative Sentiment: BMO warns while gold’s bull case strengthens, silver’s market balance calls for caution — tighter fundamentals or weaker industrial demand could limit silver upside and weigh on SIL. Gold to rise near $6,500/oz in 2026 as bull case strengthens, silver’s market balance suggests caution for investors – BMO’s Amos
• Negative Sentiment: Hawkish Fed minutes and rising real yields can pressure precious metals; if yields stay elevated, miner margins and risk appetite for metal equities could be constrained. Gold (XAUUSD) & Silver Price Forecast: Fed Pressure Builds – Will Gold Smash $5,020 or Stall?

Global X Silver Miners ETF Company 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.