J.W. Cole Advisors Inc. Invests $978,000 in Global X Silver Miners ETF $SIL

J.W. Cole Advisors Inc. acquired a new stake in shares of Global X Silver Miners ETF (NYSEARCA:SIL) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 20,320 shares of the company’s stock, valued at approximately $978,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of SIL. AE Wealth Management LLC lifted its position in Global X Silver Miners ETF by 26.9% during the second quarter. AE Wealth Management LLC now owns 995 shares of the company’s stock valued at $48,000 after purchasing an additional 211 shares in the last quarter. SBI Securities Co. Ltd. raised its stake in shares of Global X Silver Miners ETF by 31.4% in the second quarter. SBI Securities Co. Ltd. now owns 891 shares of the company’s stock worth $43,000 after buying an additional 213 shares during the period. Creative Planning lifted its position in shares of Global X Silver Miners ETF by 1.2% during the 2nd quarter. Creative Planning now owns 19,867 shares of the company’s stock valued at $956,000 after buying an additional 236 shares in the last quarter. Anson Capital Inc. grew its stake in shares of Global X Silver Miners ETF by 3.8% during the 2nd quarter. Anson Capital Inc. now owns 6,991 shares of the company’s stock valued at $337,000 after acquiring an additional 255 shares during the period. Finally, Stephens Inc. AR increased its holdings in Global X Silver Miners ETF by 3.3% in the 1st quarter. Stephens Inc. AR now owns 8,109 shares of the company’s stock worth $320,000 after acquiring an additional 256 shares in the last quarter.

Global X Silver Miners ETF Price Performance

Shares of NYSEARCA:SIL opened at $67.85 on Wednesday. The company has a market capitalization of $3.72 billion, a P/E ratio of 32.07 and a beta of 0.71. Global X Silver Miners ETF has a 1-year low of $31.37 and a 1-year high of $80.72. The firm’s 50 day simple moving average is $68.06 and its two-hundred day simple moving average is $55.03.

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.