Banque Pictet & Cie SA bought a new position in shares of Global X Silver Miners ETF (NYSEARCA:SIL – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 26,000 shares of the company’s stock, valued at approximately $2,172,000.
Other institutional investors have also recently added to or reduced their stakes in the company. Bank of Nova Scotia bought a new position in Global X Silver Miners ETF during the 3rd quarter valued at $85,405,000. Meitav Investment House Ltd. raised its stake 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 worth $87,151,000 after buying an additional 570,000 shares in the last quarter. BFI Infinity Ltd. lifted its holdings in shares of Global X Silver Miners ETF by 210.6% in the fourth quarter. BFI Infinity Ltd. now owns 119,423 shares of the company’s stock valued at $9,980,000 after buying an additional 227,381 shares during the period. Royal Bank of Canada lifted its holdings in shares of Global X Silver Miners ETF by 620.3% in the first quarter. Royal Bank of Canada now owns 210,084 shares of the company’s stock valued at $8,288,000 after buying an additional 180,917 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in Global X Silver Miners ETF by 255.5% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 234,515 shares of the company’s stock valued at $16,798,000 after buying an additional 168,555 shares in the last quarter.
Trending Headlines about Global X Silver Miners ETF
Here are the key news stories impacting Global X Silver Miners ETF this week:
- Positive Sentiment: Wheaton Precious Metals agreed to buy a gold and silver streaming interest on an Australian project — a deal that highlights continued capital flows into precious‑metals production and may support sentiment for miners/royalty/streaming peers. Wheaton Precious Metals to buy gold, silver stream on Australian project
- Positive Sentiment: Recent rebounds earlier this week showed metals can rally on weaker USDX and lower yields, offering potential short‑term support if those conditions return. Gold (XAUUSD) & Silver Price Forecast: Metals Rebound – Is the 17-Year Price Slide Over?
- Neutral Sentiment: A retail/ETF comparison piece on silver ETFs (SLV vs SLVP) discusses product choice for silver exposure but doesn’t directly change miner fundamentals; it may shift some investor flows between products. Silver Price Dip: Is SLV or SLVP the Better ETF to Buy Now?
- Neutral Sentiment: Macro analysis noting metals’ partial recovery as growth slows and inflation persists — a mixed backdrop that can limit upside for miners while keeping real‑asset interest intact. Gold (XAUUSD) and Silver Analysis: Recovery as Growth Slows and Inflation Persists
- Negative Sentiment: Analysts highlight short‑term pressure on gold and silver ahead of NFP as a stronger dollar and higher yields weigh on prices—negative for leveraged exposure in SIL. Gold and Silver Technical Analysis: Prices Under Pressure Ahead of NFP as Dollar Strengthens
- Negative Sentiment: Reports show gold and silver trading substantially lower as the USDX rallies and bond yields rise — direct downward pressure on miners’ share prices within SIL. Gold, silver solidly down amid USDX gains, uptick in bond yields
- Negative Sentiment: Technical pieces note bears taking control as gold trends below key moving averages and silver breaks support levels — technical selling can amplify outflows from SIL. Gold (XAUUSD) & Silver Price Forecast: Bears Take Control as Gold Trends Below 50-Day MA – Major Crash or Buy Dip?
- Negative Sentiment: Profit‑taking headlines tied to geopolitical uncertainty (e.g., traders booking gains ahead of a possible longer Iran conflict) can pressure safe‑haven metals and miner stocks. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Retreats As Traders Prepare For A Long War In Iran
Global X Silver Miners ETF Stock Down 0.7%
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.
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