Kestra Advisory Services LLC Sells 40,555 Shares of Global X Silver Miners ETF $SIL

Kestra Advisory Services LLC trimmed its stake in Global X Silver Miners ETF (NYSEARCA:SIL) by 28.2% during the third quarter, Holdings Channel reports. The fund owned 103,458 shares of the company’s stock after selling 40,555 shares during the quarter. Kestra Advisory Services LLC’s holdings in Global X Silver Miners ETF were worth $8,898,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SIL. Go Invest LLC bought a new stake in shares of Global X Silver Miners ETF during the 3rd quarter worth $31,000. Blue Bell Private Wealth Management LLC bought a new position in Global X Silver Miners ETF during the third quarter worth $33,000. EverSource Wealth Advisors LLC bought a new stake in Global X Silver Miners ETF in the 1st quarter valued at $35,000. Mather Group LLC. acquired a new stake in Global X Silver Miners ETF in the 3rd quarter worth $53,000. Finally, Western Wealth Management LLC acquired a new position in shares of Global X Silver Miners ETF during the first quarter valued at about $86,000.

Global X Silver Miners ETF Stock Down 5.4%

SIL stock opened at $78.91 on Wednesday. The business’s 50-day simple moving average is $86.08 and its 200 day simple moving average is $89.92. The company has a market cap of $3.96 billion, a PE ratio of 32.07 and a beta of 0.87. Global X Silver Miners ETF has a twelve month low of $63.90 and a twelve month high of $119.24.

About Global X Silver Miners ETF

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.