Northwestern Mutual Wealth Management Co. Sells 74,199 Shares of Global X Silver Miners ETF $SIL

Northwestern Mutual Wealth Management Co. lowered its position in Global X Silver Miners ETF (NYSEARCA:SIL) by 31.6% during the fourth quarter, Holdings Channel reports. The firm owned 160,316 shares of the company’s stock after selling 74,199 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Global X Silver Miners ETF were worth $13,390,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Royal Bank of Canada raised its stake in Global X Silver Miners ETF by 620.3% during the first quarter. Royal Bank of Canada now owns 210,084 shares of the company’s stock worth $8,288,000 after buying an additional 180,917 shares during the last quarter. NewEdge Advisors LLC raised its position in shares of Global X Silver Miners ETF by 120.6% in the 1st quarter. NewEdge Advisors LLC now owns 14,781 shares of the company’s stock worth $583,000 after acquiring an additional 8,082 shares in the last quarter. Cerity Partners LLC lifted its stake in shares of Global X Silver Miners ETF by 1.7% in the 2nd quarter. Cerity Partners LLC now owns 21,401 shares of the company’s stock valued at $1,030,000 after purchasing an additional 368 shares during the period. Qube Research & Technologies Ltd lifted its stake in shares of Global X Silver Miners ETF by 91.6% in the 2nd quarter. Qube Research & Technologies Ltd now owns 99,770 shares of the company’s stock valued at $4,803,000 after purchasing an additional 47,701 shares during the period. Finally, Raymond James Financial Inc. boosted its position in shares of Global X Silver Miners ETF by 21.8% during the 2nd quarter. Raymond James Financial Inc. now owns 82,030 shares of the company’s stock valued at $3,949,000 after purchasing an additional 14,676 shares in the last quarter.

Global X Silver Miners ETF Price Performance

NYSEARCA SIL opened at $91.49 on Tuesday. The stock has a market capitalization of $5.47 billion, a P/E ratio of 32.07 and a beta of 0.78. The business has a 50 day simple moving average of $92.22 and a 200 day simple moving average of $91.76. Global X Silver Miners ETF has a one year low of $44.07 and a one year 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.