Global X Silver Miners ETF (NYSEARCA:SIL) Sees Strong Trading Volume

Shares of Global X Silver Miners ETF (NYSEARCA:SIL) saw strong trading volume on Monday . 579,427 shares traded hands during mid-day trading, an increase of 14% from the previous session’s volume of 508,206 shares.The stock last traded at $31.01 and had previously closed at $31.46.

Global X Silver Miners ETF Price Performance

The business’s fifty day moving average is $26.30 and its 200-day moving average is $26.00. The firm has a market cap of $1.03 billion, a PE ratio of 26.27 and a beta of 0.95.

Institutional Investors Weigh In On Global X Silver Miners ETF

Several large investors have recently added to or reduced their stakes in the company. IMC Chicago LLC purchased a new stake in shares of Global X Silver Miners ETF during the first quarter worth $645,000. Banque Cantonale Vaudoise grew its position in shares of Global X Silver Miners ETF by 24.1% in the first quarter. Banque Cantonale Vaudoise now owns 18,050 shares of the company’s stock valued at $494,000 after purchasing an additional 3,500 shares in the last quarter. Virtu Financial LLC bought a new stake in shares of Global X Silver Miners ETF during the 4th quarter valued at $470,000. OLD Mission Capital LLC purchased a new stake in Global X Silver Miners ETF during the 4th quarter worth about $3,489,000. Finally, Baird Financial Group Inc. bought a new position in Global X Silver Miners ETF in the 4th quarter worth about $4,158,000.

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.