Clifford Swan Investment Counsel LLC Trims Stock Position in Global X Silver Miners ETF $SIL

Clifford Swan Investment Counsel LLC cut its holdings in Global X Silver Miners ETF (NYSEARCA:SIL) by 85.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,507 shares of the company’s stock after selling 14,164 shares during the quarter. Clifford Swan Investment Counsel LLC’s holdings in Global X Silver Miners ETF were worth $226,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. CIBC Private Wealth Group LLC raised its position in shares of Global X Silver Miners ETF by 204.7% during the 4th quarter. CIBC Private Wealth Group LLC now owns 323 shares of the company’s stock worth $27,000 after purchasing an additional 217 shares during the last quarter. TD Waterhouse Canada Inc. lifted its stake in 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 buying an additional 200 shares in the last quarter. Evelyn Partners Investment Management LLP purchased a new stake in Global X Silver Miners ETF in the 4th quarter valued at approximately $32,000. EFG International AG acquired a new stake in Global X Silver Miners ETF during the 4th quarter valued at $33,000. Finally, Sound Income Strategies LLC grew its holdings in Global X Silver Miners ETF by 428.8% during the 1st quarter. Sound Income Strategies LLC now owns 386 shares of the company’s stock valued at $36,000 after buying an additional 313 shares during the last quarter.

Global X Silver Miners ETF Stock Performance

Global X Silver Miners ETF stock opened at $71.74 on Friday. Global X Silver Miners ETF has a fifty-two week low of $47.09 and a fifty-two week high of $119.24. The company has a market capitalization of $3.89 billion, a price-to-earnings ratio of 32.07 and a beta of 0.83. The stock has a fifty day moving average of $83.86 and a two-hundred day moving average of $92.27.

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.