Meitav Investment House Ltd. Sells 467,000 Shares of Global X Silver Miners ETF $SIL

Meitav Investment House Ltd. lessened its stake in Global X Silver Miners ETF (NYSEARCA:SIL) by 38.3% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 753,000 shares of the company’s stock after selling 467,000 shares during the quarter. Meitav Investment House Ltd.’s holdings in Global X Silver Miners ETF were worth $67,830,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SIL. Royal Bank of Canada grew 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 valued at $8,288,000 after acquiring an additional 180,917 shares in the last quarter. NewEdge Advisors LLC lifted its stake in 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 purchasing an additional 8,082 shares in the last quarter. Cerity Partners LLC boosted its holdings in shares of Global X Silver Miners ETF by 1.7% during 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 last quarter. Qube Research & Technologies Ltd boosted its holdings in shares of Global X Silver Miners ETF by 91.6% during 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 last quarter. Finally, Raymond James Financial Inc. boosted its holdings 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 during the last quarter.

Global X Silver Miners ETF Price Performance

Shares of Global X Silver Miners ETF stock traded down $3.13 during trading on Tuesday, reaching $76.57. 303,746 shares of the stock traded hands, compared to its average volume of 2,778,951. Global X Silver Miners ETF has a 52-week low of $47.09 and a 52-week high of $119.24. The business has a fifty day simple moving average of $86.92 and a two-hundred day simple moving average of $93.06. The company has a market capitalization of $4.17 billion, a price-to-earnings ratio of 32.07 and a beta of 0.83.

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.