Spire Wealth Management Has $33,000 Stock Holdings in Global X Silver Miners ETF (NYSEARCA:SIL)

Spire Wealth Management raised its holdings in shares of Global X Silver Miners ETF (NYSEARCA:SIL) by 59.8% in the 1st quarter, HoldingsChannel reports. The firm owned 834 shares of the company’s stock after buying an additional 312 shares during the period. Spire Wealth Management’s holdings in Global X Silver Miners ETF were worth $33,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also added to or reduced their stakes in the business. Two Sigma Investments LP lifted its holdings in shares of Global X Silver Miners ETF by 37.3% during the fourth quarter. Two Sigma Investments LP now owns 185,000 shares of the company’s stock worth $5,877,000 after buying an additional 50,300 shares in the last quarter. Clark Capital Management Group Inc. lifted its holdings in shares of Global X Silver Miners ETF by 2.2% during the fourth quarter. Clark Capital Management Group Inc. now owns 175,670 shares of the company’s stock worth $5,581,000 after buying an additional 3,816 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of Global X Silver Miners ETF by 1.8% during the fourth quarter. Cetera Investment Advisers now owns 167,925 shares of the company’s stock worth $5,335,000 after buying an additional 3,001 shares in the last quarter. Baird Financial Group Inc. lifted its holdings in shares of Global X Silver Miners ETF by 1.6% during the fourth quarter. Baird Financial Group Inc. now owns 122,404 shares of the company’s stock worth $3,889,000 after buying an additional 1,887 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of Global X Silver Miners ETF during the fourth quarter worth $2,766,000.

Global X Silver Miners ETF Stock Performance

SIL opened at $48.71 on Thursday. Global X Silver Miners ETF has a fifty-two week low of $28.02 and a fifty-two week high of $49.76. The company has a market capitalization of $2.01 billion, a P/E ratio of 32.07 and a beta of 0.98. The stock has a fifty day moving average of $44.21 and a 200-day moving average of $38.91.

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.