Simplex Trading LLC Purchases 4,628 Shares of Global X Silver Miners ETF $SIL

Simplex Trading LLC boosted its position in Global X Silver Miners ETF (NYSEARCA:SIL) by 6.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 78,910 shares of the company’s stock after purchasing an additional 4,628 shares during the quarter. Simplex Trading LLC’s holdings in Global X Silver Miners ETF were worth $3,798,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in SIL. DAVENPORT & Co LLC bought a new position in Global X Silver Miners ETF in the first quarter worth about $247,000. Capital Investment Advisory Services LLC acquired a new position in shares of Global X Silver Miners ETF during the first quarter valued at about $99,000. Envestnet Asset Management Inc. increased its holdings in shares of Global X Silver Miners ETF by 1.5% during the first quarter. Envestnet Asset Management Inc. now owns 124,517 shares of the company’s stock valued at $4,912,000 after acquiring an additional 1,893 shares in the last quarter. Trek Financial LLC acquired a new position in shares of Global X Silver Miners ETF during the first quarter valued at about $480,000. Finally, Cerity Partners LLC increased its holdings in shares of Global X Silver Miners ETF by 37.7% during the first quarter. Cerity Partners LLC now owns 21,033 shares of the company’s stock valued at $830,000 after acquiring an additional 5,754 shares in the last quarter.

Global X Silver Miners ETF Stock Up 0.5%

SIL opened at $62.48 on Thursday. Global X Silver Miners ETF has a 52-week low of $31.37 and a 52-week high of $80.72. The company has a market cap of $3.42 billion, a P/E ratio of 32.07 and a beta of 0.71. The firm’s 50-day moving average price is $67.43 and its 200-day moving average price is $54.23.

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.