Jeppson Wealth Management LLC Makes New $213,000 Investment in Global X Silver Miners ETF (NYSEARCA:SIL)

Jeppson Wealth Management LLC acquired a new position in shares of Global X Silver Miners ETF (NYSEARCA:SIL) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 6,828 shares of the company’s stock, valued at approximately $213,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC purchased a new stake in Global X Silver Miners ETF in the 2nd quarter valued at $29,000. Baldwin Brothers LLC MA purchased a new stake in Global X Silver Miners ETF in the 2nd quarter valued at $50,000. Principal Securities Inc. purchased a new stake in Global X Silver Miners ETF in the 4th quarter valued at $224,000. CreativeOne Wealth LLC purchased a new stake in Global X Silver Miners ETF in the 1st quarter valued at $235,000. Finally, Private Advisor Group LLC purchased a new stake in Global X Silver Miners ETF in the 4th quarter valued at $273,000.

Global X Silver Miners ETF Trading Down 0.4 %

SIL stock traded down $0.11 on Friday, hitting $30.98. The company’s stock had a trading volume of 32,404 shares, compared to its average volume of 630,879. The firm has a 50 day moving average of $32.89 and a two-hundred day moving average of $30.96. Global X Silver Miners ETF has a 1 year low of $22.57 and a 1 year high of $36.75. The stock has a market cap of $1.04 billion, a price-to-earnings ratio of 25.53 and a beta of 0.95.

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.