Kingsview Wealth Management LLC lifted its stake in Global X Silver Miners ETF (NYSEARCA:SIL – Free Report) by 963.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 91,553 shares of the company’s stock after purchasing an additional 82,947 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Global X Silver Miners ETF were worth $7,647,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also recently bought and sold shares of the stock. Root Financial Partners LLC acquired a new stake in Global X Silver Miners ETF during the 3rd quarter worth about $27,000. TD Waterhouse Canada Inc. boosted its holdings in shares of Global X Silver Miners ETF by 133.3% in the fourth quarter. TD Waterhouse Canada Inc. now owns 350 shares of the company’s stock worth $29,000 after buying an additional 200 shares during the period. Atlantic Union Bankshares Corp boosted its holdings in shares of Global X Silver Miners ETF by 661.7% in the third quarter. Atlantic Union Bankshares Corp now owns 457 shares of the company’s stock worth $33,000 after buying an additional 397 shares during the period. Ameriflex Group Inc. increased its position in shares of Global X Silver Miners ETF by 100.0% in the third quarter. Ameriflex Group Inc. now owns 538 shares of the company’s stock worth $39,000 after acquiring an additional 269 shares in the last quarter. Finally, Larson Financial Group LLC purchased a new position in shares of Global X Silver Miners ETF in the fourth quarter worth approximately $44,000.
Global X Silver Miners ETF News Roundup
Here are the key news stories impacting Global X Silver Miners ETF this week:
- Positive Sentiment: Silver prices firmed in recent forecasts as traders reduced bets on a hawkish Federal Reserve and reacted to shifting geopolitical expectations, which can support silver-mining equities. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Rebounds As Traders Bet On Iran Deal
- Positive Sentiment: Some analysts remain constructive on the precious-metals cycle, with one strategist saying gold’s secular bull market is intact; that view can spill over into silver miners if investors expect the commodity complex to stay strong. Gold will top $5,500 in 2027, could reach $10,000 by 2030, but silver’s upside will narrow – Rockefeller’s Moglia
- Neutral Sentiment: Entrata, a Silver Lake-backed property management software company, filed for an IPO. This is related to the private-equity firm Silver Lake, not silver miners or the SIL ETF, so it is unlikely to materially affect the fund. Silver Lake-backed property management software firm Entrata files for US IPO
- Negative Sentiment: Several reports warned that silver’s recent surge may be creating “demand destruction,” with industrial users pulling back as prices stay elevated. That is a headwind for silver miners and the SIL ETF. Silver could fall further after latest slump, analysts say as they warn of demand destruction
- Negative Sentiment: Other market commentary said silver remains under pressure from hawkish central-bank concerns, technical weakness, and lower conviction despite geopolitical truce headlines, which could weigh on near-term miner sentiment. Gold and Silver Forecast: PCE Inflation and Iran Tensions Drive Next Move
Global X Silver Miners ETF Price Performance
About Global X Silver Miners ETF
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.
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