LPL Financial LLC Sells 6,681 Shares of Global X Silver Miners ETF (NYSEARCA:SIL)

LPL Financial LLC cut its holdings in Global X Silver Miners ETF (NYSEARCA:SIL) by 1.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 581,778 shares of the company’s stock after selling 6,681 shares during the period. LPL Financial LLC owned about 1.73% of Global X Silver Miners ETF worth $18,483,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Oppenheimer & Co. Inc. bought a new stake in Global X Silver Miners ETF during the fourth quarter worth approximately $346,000. JPMorgan Chase & Co. increased its position in shares of Global X Silver Miners ETF by 97.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,306 shares of the company’s stock valued at $46,000 after purchasing an additional 645 shares during the last quarter. Y Intercept Hong Kong Ltd purchased a new stake in Global X Silver Miners ETF during the 4th quarter valued at $381,000. FMR LLC lifted its position in Global X Silver Miners ETF by 260.4% in the third quarter. FMR LLC now owns 865 shares of the company’s stock worth $30,000 after buying an additional 625 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its stake in Global X Silver Miners ETF by 13.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 13,500 shares of the company’s stock worth $427,000 after buying an additional 1,600 shares during the period.

Global X Silver Miners ETF Trading Down 0.1 %

Shares of SIL opened at $39.45 on Tuesday. The company’s fifty day simple moving average is $36.65 and its 200-day simple moving average is $36.19. The company has a market cap of $1.40 billion, a P/E ratio of 33.62 and a beta of 0.95. Global X Silver Miners ETF has a twelve month low of $27.56 and a twelve month high of $42.29.

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.