Oppenheimer & Co. Inc. Invests $608,000 in Global X Silver Miners ETF $SIL

Oppenheimer & Co. Inc. acquired a new position in shares of Global X Silver Miners ETF (NYSEARCA:SIL) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 8,494 shares of the company’s stock, valued at approximately $608,000.

Other institutional investors and hedge funds have also modified their holdings of the company. AE Wealth Management LLC grew its position in Global X Silver Miners ETF by 26.9% during the 2nd quarter. AE Wealth Management LLC now owns 995 shares of the company’s stock worth $48,000 after acquiring an additional 211 shares during the last quarter. SBI Securities Co. Ltd. grew its holdings in shares of Global X Silver Miners ETF by 31.4% during the second quarter. SBI Securities Co. Ltd. now owns 891 shares of the company’s stock worth $43,000 after purchasing an additional 213 shares during the last quarter. Creative Planning grew its holdings in shares of Global X Silver Miners ETF by 1.2% during the second quarter. Creative Planning now owns 19,867 shares of the company’s stock worth $956,000 after purchasing an additional 236 shares during the last quarter. Anson Capital Inc. increased its stake in shares of Global X Silver Miners ETF by 3.8% in the second quarter. Anson Capital Inc. now owns 6,991 shares of the company’s stock valued at $337,000 after buying an additional 255 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its holdings in shares of Global X Silver Miners ETF by 9.1% in the third quarter. Farther Finance Advisors LLC now owns 4,038 shares of the company’s stock valued at $289,000 after buying an additional 338 shares during the last quarter.

Global X Silver Miners ETF Stock Down 4.0%

Shares of NYSEARCA SIL opened at $97.54 on Wednesday. Global X Silver Miners ETF has a 12-month low of $33.11 and a 12-month high of $119.24. The firm’s 50-day simple moving average is $93.97 and its 200 day simple moving average is $75.62. The company has a market cap of $6.39 billion, a price-to-earnings ratio of 32.07 and a beta of 0.71.

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.