Beverly Hills Private Wealth LLC Makes New $302,000 Investment in Global X Silver Miners ETF (NYSEARCA:SIL)

Beverly Hills Private Wealth LLC acquired a new stake in shares of Global X Silver Miners ETF (NYSEARCA:SIL) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 9,500 shares of the company’s stock, valued at approximately $302,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Oppenheimer & Co. Inc. acquired a new position in Global X Silver Miners ETF during the fourth quarter valued at approximately $346,000. JPMorgan Chase & Co. boosted its holdings in Global X Silver Miners ETF by 97.6% during the third quarter. JPMorgan Chase & Co. now owns 1,306 shares of the company’s stock valued at $46,000 after acquiring an additional 645 shares during the period. Y Intercept Hong Kong Ltd acquired a new stake in shares of Global X Silver Miners ETF in the fourth quarter valued at about $381,000. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Global X Silver Miners ETF by 13.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 13,500 shares of the company’s stock worth $427,000 after purchasing an additional 1,600 shares during the period. Finally, Steward Partners Investment Advisory LLC lifted its position in shares of Global X Silver Miners ETF by 192.3% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,800 shares of the company’s stock worth $121,000 after purchasing an additional 2,500 shares during the last quarter.

Global X Silver Miners ETF Stock Up 1.9 %

SIL opened at $39.75 on Tuesday. The stock’s 50 day moving average price is $38.70 and its two-hundred day moving average price is $36.80. The firm has a market capitalization of $1.47 billion, a P/E ratio of 37.12 and a beta of 0.96. Global X Silver Miners ETF has a 12-month low of $28.02 and a 12-month high of $42.95.

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.