Global X Silver Miners ETF (NYSEARCA:SIL) Shares Sold by Robinson Value Management Ltd.

Robinson Value Management Ltd. cut its stake in shares of Global X Silver Miners ETF (NYSEARCA:SIL) by 25.0% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 5,547 shares of the company’s stock after selling 1,853 shares during the period. Robinson Value Management Ltd.’s holdings in Global X Silver Miners ETF were worth $176,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. FMR LLC lifted its position in Global X Silver Miners ETF by 260.4% during the 3rd quarter. FMR LLC now owns 865 shares of the company’s stock worth $30,000 after acquiring an additional 625 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Global X Silver Miners ETF by 97.6% in 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 in the last quarter. Arlington Trust Co LLC acquired a new position in shares of Global X Silver Miners ETF in the 3rd quarter valued at approximately $114,000. Franklin Resources Inc. raised its position in shares of Global X Silver Miners ETF by 324.5% in the 3rd quarter. Franklin Resources Inc. now owns 4,245 shares of the company’s stock valued at $154,000 after purchasing an additional 3,245 shares in the last quarter. Finally, Sunbelt Securities Inc. raised its position in shares of Global X Silver Miners ETF by 51.4% in the 3rd quarter. Sunbelt Securities Inc. now owns 5,955 shares of the company’s stock valued at $209,000 after purchasing an additional 2,022 shares in the last quarter.

Global X Silver Miners ETF Stock Down 1.1 %

Shares of SIL opened at $36.06 on Friday. The business’s 50 day moving average is $34.55 and its two-hundred day moving average is $34.83. Global X Silver Miners ETF has a 52-week low of $22.58 and a 52-week high of $42.29. The firm has a market cap of $1.21 billion, a price-to-earnings ratio of 25.53 and a beta of 0.95.

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.