Financially Speaking Inc Lowers Position in Global X Silver Miners ETF $SIL

Financially Speaking Inc lessened its position in Global X Silver Miners ETF (NYSEARCA:SIL) by 62.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 16,765 shares of the company’s stock after selling 28,332 shares during the quarter. Global X Silver Miners ETF makes up about 0.9% of Financially Speaking Inc’s investment portfolio, making the stock its 13th largest holding. Financially Speaking Inc’s holdings in Global X Silver Miners ETF were worth $1,400,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. CIBC Private Wealth Group LLC lifted its stake in shares of Global X Silver Miners ETF by 204.7% in the 4th quarter. CIBC Private Wealth Group LLC now owns 323 shares of the company’s stock valued at $27,000 after purchasing an additional 217 shares during the period. TD Waterhouse Canada Inc. lifted its stake in shares of Global X Silver Miners ETF by 133.3% in the 4th quarter. TD Waterhouse Canada Inc. now owns 350 shares of the company’s stock valued at $29,000 after purchasing an additional 200 shares during the period. Ameriflex Group Inc. lifted its stake in shares of Global X Silver Miners ETF by 100.0% in the 3rd quarter. Ameriflex Group Inc. now owns 538 shares of the company’s stock valued at $39,000 after purchasing an additional 269 shares during the period. Larson Financial Group LLC purchased a new position in Global X Silver Miners ETF during the fourth quarter valued at $44,000. Finally, Clearstead Advisors LLC purchased a new position in Global X Silver Miners ETF during the fourth quarter valued at $44,000.

Global X Silver Miners ETF Trading Up 3.3%

Shares of NYSEARCA:SIL opened at $81.68 on Friday. The stock has a fifty day simple moving average of $91.75 and a two-hundred day simple moving average of $92.51. The stock has a market capitalization of $4.89 billion, a price-to-earnings ratio of 32.07 and a beta of 0.79. Global X Silver Miners ETF has a 12-month low of $46.18 and a 12-month high of $119.24.

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.