Ballew Advisors Inc Sells 48,820 Shares of Global X Silver Miners ETF (NYSEARCA:SIL)

Ballew Advisors Inc cut its stake in shares of Global X Silver Miners ETF (NYSEARCA:SIL) by 41.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 70,145 shares of the company’s stock after selling 48,820 shares during the period. Global X Silver Miners ETF comprises approximately 1.7% of Ballew Advisors Inc’s investment portfolio, making the stock its 11th largest holding. Ballew Advisors Inc owned 0.21% of Global X Silver Miners ETF worth $2,461,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of the stock. International Assets Investment Management LLC purchased a new position in shares of Global X Silver Miners ETF in the 2nd quarter worth about $29,000. Baldwin Brothers LLC MA purchased a new stake in shares of Global X Silver Miners ETF during the 2nd quarter valued at approximately $50,000. Jeppson Wealth Management LLC purchased a new stake in shares of Global X Silver Miners ETF during the 2nd quarter valued at approximately $213,000. CreativeOne Wealth LLC purchased a new stake in shares of Global X Silver Miners ETF during the 1st quarter valued at approximately $235,000. Finally, Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Global X Silver Miners ETF by 14.6% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 16,500 shares of the company’s stock valued at $453,000 after buying an additional 2,100 shares in the last quarter.

Global X Silver Miners ETF Trading Up 0.3 %

Shares of SIL stock opened at $36.40 on Friday. The stock has a market capitalization of $1.22 billion, a P/E ratio of 25.53 and a beta of 0.95. The firm’s 50 day moving average is $33.46 and its 200 day moving average is $32.82. Global X Silver Miners ETF has a 12 month low of $22.58 and a 12 month high of $37.86.

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.