Cetera Investment Advisers Purchases 15,654 Shares of Global X Silver Miners ETF $SIL

Cetera Investment Advisers increased its position in shares of Global X Silver Miners ETF (NYSEARCA:SILFree Report) by 11.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 149,572 shares of the company’s stock after buying an additional 15,654 shares during the period. Cetera Investment Advisers’ holdings in Global X Silver Miners ETF were worth $13,473,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. CI Investments Inc. acquired a new stake in Global X Silver Miners ETF in the first quarter valued at $14,802,000. Legacy Wealth Managment LLC ID increased its stake in shares of Global X Silver Miners ETF by 139.5% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 1,236 shares of the company’s stock worth $111,000 after purchasing an additional 720 shares during the last quarter. WIT Partners Advisory Pte. Ltd. increased its stake in shares of Global X Silver Miners ETF by 8.4% during the 1st quarter. WIT Partners Advisory Pte. Ltd. now owns 76,482 shares of the company’s stock worth $6,889,000 after purchasing an additional 5,930 shares during the last quarter. Independent Financial Group LLC bought a new stake in shares of Global X Silver Miners ETF in the 1st quarter valued at about $810,000. Finally, Wealthfront Advisers LLC raised its holdings in shares of Global X Silver Miners ETF by 97.5% in the 1st quarter. Wealthfront Advisers LLC now owns 38,726 shares of the company’s stock valued at $3,488,000 after purchasing an additional 19,122 shares during the period.

Global X Silver Miners ETF Stock Performance

Shares of NYSEARCA:SIL opened at $72.94 on Thursday. Global X Silver Miners ETF has a 52-week low of $47.09 and a 52-week high of $119.24. The company has a market capitalization of $3.93 billion, a P/E ratio of 32.07 and a beta of 0.83. The company has a 50-day simple moving average of $80.52 and a 200 day simple moving average of $91.70.

Global X Silver Miners ETF Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding SIL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X Silver Miners ETF (NYSEARCA:SILFree Report).

Institutional Ownership by Quarter for Global X Silver Miners ETF (NYSEARCA:SIL)

Receive News & Ratings for Global X Silver Miners ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X Silver Miners ETF and related companies with MarketBeat.com's FREE daily email newsletter.