Oppenheimer & Co. Inc. Acquires Shares of 8,494 Global X Silver Miners ETF $SIL

Oppenheimer & Co. Inc. bought a new position in shares of Global X Silver Miners ETF (NYSEARCA:SIL) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 8,494 shares of the company’s stock, valued at approximately $608,000.

Several other hedge funds have also added to or reduced their stakes in the company. Encompass More Asset Management boosted its position in shares of Global X Silver Miners ETF by 39.2% in the 3rd quarter. Encompass More Asset Management now owns 37,516 shares of the company’s stock worth $2,687,000 after purchasing an additional 10,573 shares during the last quarter. Avalon Capital Management bought a new stake in Global X Silver Miners ETF in the third quarter valued at about $842,000. Baird Financial Group Inc. lifted its stake in Global X Silver Miners ETF by 39.2% in the second quarter. Baird Financial Group Inc. now owns 170,802 shares of the company’s stock valued at $8,222,000 after buying an additional 48,107 shares during the period. Capital Fund Management S.A. bought a new position in Global X Silver Miners ETF during the second quarter worth about $1,564,000. Finally, Cetera Investment Advisers boosted its holdings in Global X Silver Miners ETF by 12.8% during the second quarter. Cetera Investment Advisers now owns 213,696 shares of the company’s stock worth $10,287,000 after buying an additional 24,249 shares during the last quarter.

Global X Silver Miners ETF Price Performance

Shares of SIL stock opened at $97.54 on Wednesday. The stock has a market cap of $6.39 billion, a PE ratio of 32.07 and a beta of 0.71. The stock has a 50-day moving average of $93.97 and a 200-day moving average of $75.62. Global X Silver Miners ETF has a one year low of $33.11 and a one year high of $119.24.

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.