Well Done LLC Acquires New Holdings in Global X Silver Miners ETF (NYSEARCA:SIL)

Well Done LLC bought a new position in shares of Global X Silver Miners ETF (NYSEARCA:SIL) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 6,979 shares of the company’s stock, valued at approximately $245,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. PCG Wealth Advisors LLC lifted its stake in shares of Global X Silver Miners ETF by 22.5% in the third quarter. PCG Wealth Advisors LLC now owns 371,859 shares of the company’s stock worth $13,049,000 after buying an additional 68,334 shares during the last quarter. SG Americas Securities LLC increased its position in Global X Silver Miners ETF by 184.8% during the third quarter. SG Americas Securities LLC now owns 24,706 shares of the company’s stock worth $867,000 after acquiring an additional 16,032 shares during the period. Cetera Investment Advisers increased its position in Global X Silver Miners ETF by 140.7% during the second quarter. Cetera Investment Advisers now owns 162,245 shares of the company’s stock worth $5,060,000 after acquiring an additional 94,834 shares during the period. SPC Financial Inc. bought a new position in Global X Silver Miners ETF during the second quarter worth $599,000. Finally, Creative Planning bought a new position in Global X Silver Miners ETF during the second quarter worth $548,000.

Global X Silver Miners ETF Price Performance

SIL stock traded up $1.47 on Friday, reaching $38.26. 293,685 shares of the company were exchanged, compared to its average volume of 627,652. Global X Silver Miners ETF has a 12 month low of $22.58 and a 12 month high of $38.30. The stock’s fifty day moving average price is $33.98 and its 200 day moving average price is $33.04. The firm has a market capitalization of $1.28 billion, a PE ratio of 25.53 and a beta of 0.95.

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.