20,588 Shares in Global X Silver Miners ETF $SIL Acquired by Pekin Hardy Strauss Inc.

Pekin Hardy Strauss Inc. acquired a new position in shares of Global X Silver Miners ETF (NYSEARCA:SIL) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 20,588 shares of the company’s stock, valued at approximately $1,771,000.

Several other large investors also recently added to or reduced their stakes in the stock. Bank of Nova Scotia increased its stake in shares of Global X Silver Miners ETF by 307.5% in the 1st quarter. Bank of Nova Scotia now owns 1,203,736 shares of the company’s stock worth $108,433,000 after acquiring an additional 908,336 shares during the last quarter. CI Investments Inc. acquired a new position in shares of Global X Silver Miners ETF during the 1st quarter valued at about $14,802,000. Cetera Investment Advisers grew its holdings in shares of Global X Silver Miners ETF by 11.7% in the first quarter. Cetera Investment Advisers now owns 149,572 shares of the company’s stock valued at $13,473,000 after purchasing an additional 15,654 shares during the period. BFI Infinity Ltd. grew its holdings in shares of Global X Silver Miners ETF by 1.2% in the second quarter. BFI Infinity Ltd. now owns 122,772 shares of the company’s stock valued at $9,520,000 after purchasing an additional 1,453 shares during the period. Finally, Envestnet Asset Management Inc. grew its holdings in shares of Global X Silver Miners ETF by 58.6% in the second quarter. Envestnet Asset Management Inc. now owns 101,036 shares of the company’s stock valued at $7,826,000 after purchasing an additional 37,330 shares during the period.

Global X Silver Miners ETF Trading Up 2.6%

Global X Silver Miners ETF stock traded up $2.03 during midday trading on Friday, hitting $79.36. 653,375 shares of the stock were exchanged, compared to its average volume of 2,073,947. Global X Silver Miners ETF has a fifty-two week low of $62.73 and a fifty-two week high of $119.24. The stock has a market capitalization of $3.98 billion, a price-to-earnings ratio of 32.07 and a beta of 0.87. The stock’s 50-day simple moving average is $86.77 and its 200 day simple moving average is $90.16.

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.