Asset One Wealth Management LLC Acquires New Holdings in Global X Silver Miners ETF $SIL

Asset One Wealth Management LLC acquired a new stake in Global X Silver Miners ETF (NYSEARCA:SIL) in the 4th quarter, Holdings Channel.com reports. The fund acquired 138,278 shares of the company’s stock, valued at approximately $11,549,000. Global X Silver Miners ETF accounts for 1.6% of Asset One Wealth Management LLC’s holdings, making the stock its 16th biggest holding.

Several other institutional investors and hedge funds have also modified their holdings of the business. Bank of Nova Scotia acquired a new position in shares of Global X Silver Miners ETF in the 3rd quarter valued at approximately $85,405,000. Wells Fargo & Company MN grew its position in shares of Global X Silver Miners ETF by 10.3% in the 4th quarter. Wells Fargo & Company MN now owns 384,656 shares of the company’s stock valued at $32,126,000 after purchasing an additional 35,887 shares during the period. Electrum Group LLC acquired a new position in shares of Global X Silver Miners ETF in the 4th quarter valued at approximately $28,565,000. Mainstay Capital Management LLC ADV grew its position in shares of Global X Silver Miners ETF by 1,440.5% in the 4th quarter. Mainstay Capital Management LLC ADV now owns 309,140 shares of the company’s stock valued at $25,819,000 after purchasing an additional 289,072 shares during the period. Finally, Group One Trading LLC grew its position in shares of Global X Silver Miners ETF by 186.6% in the 4th quarter. Group One Trading LLC now owns 301,802 shares of the company’s stock valued at $25,207,000 after purchasing an additional 196,492 shares during the period.

Global X Silver Miners ETF Stock Performance

Shares of SIL opened at $85.95 on Thursday. Global X Silver Miners ETF has a 52-week low of $46.18 and a 52-week high of $119.24. The stock has a 50 day simple moving average of $91.45 and a 200 day simple moving average of $93.00. The firm has a market capitalization of $5.14 billion, a PE ratio of 32.07 and a beta of 0.79.

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.