Principal Securities Inc. Has $297,000 Stock Holdings in Global X Silver Miners ETF (NYSEARCA:SIL)

Principal Securities Inc. cut its holdings in Global X Silver Miners ETF (NYSEARCA:SIL) by 3.5% in the fourth quarter, Holdings Channel.com reports. The fund owned 9,362 shares of the company’s stock after selling 341 shares during the quarter. Principal Securities Inc.’s holdings in Global X Silver Miners ETF were worth $297,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. OneDigital Investment Advisors LLC lifted its stake in Global X Silver Miners ETF by 1.6% in the third quarter. OneDigital Investment Advisors LLC now owns 17,659 shares of the company’s stock valued at $620,000 after acquiring an additional 270 shares during the last quarter. PFG Investments LLC raised its position in shares of Global X Silver Miners ETF by 5.1% in the fourth quarter. PFG Investments LLC now owns 8,230 shares of the company’s stock valued at $261,000 after purchasing an additional 400 shares during the period. FMR LLC raised its position in shares of Global X Silver Miners ETF by 260.4% in the third quarter. FMR LLC now owns 865 shares of the company’s stock valued at $30,000 after purchasing an additional 625 shares during the period. JPMorgan Chase & Co. raised its position in shares of Global X Silver Miners ETF by 97.6% in the third 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 period. Finally, One Plus One Wealth Management LLC raised its position in shares of Global X Silver Miners ETF by 1.8% in the fourth quarter. One Plus One Wealth Management LLC now owns 42,744 shares of the company’s stock valued at $1,358,000 after purchasing an additional 740 shares during the period.

Global X Silver Miners ETF Stock Down 4.3 %

NYSEARCA:SIL opened at $35.48 on Monday. Global X Silver Miners ETF has a 12 month low of $22.58 and a 12 month high of $42.29. The firm has a market cap of $1.19 billion, a price-to-earnings ratio of 25.53 and a beta of 0.95. The company’s 50 day moving average is $34.22 and its 200-day moving average is $35.13.

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.