Global X Silver Miners ETF (NYSEARCA:SIL) Shares Gap Up – Should You Buy?

Shares of Global X Silver Miners ETF (NYSEARCA:SIL) gapped up before the market opened on Tuesday . The stock had previously closed at $93.32, but opened at $100.74. Global X Silver Miners ETF shares last traded at $98.26, with a volume of 684,100 shares traded.

Key Headlines Impacting Global X Silver Miners ETF

Here are the key news stories impacting Global X Silver Miners ETF this week:

• Positive Sentiment: Precious metals staged a rebound after heavy selling, drawing renewed buyer interest and lifting miner stocks. Gold, Silver Bounce Back After Sharp Selloff
• Positive Sentiment: Analysts and bank research say the thematic drivers for gold and silver remain intact despite the wipeout, supporting a recovery in mining ETFs like SIL. Gold and silver rebound after historic wipeout as analysts say thematic drivers stay intact
• Positive Sentiment: U.S. futures and market coverage noted gains in metals helped lift broader risk appetite and commodity-linked equities. That macro backdrop supports continued interest in SIL if metals remain bid. Stock Market Today: S&P 500, Nasdaq 100 Futures Gain Amid Gold, Silver Rebound
• Neutral Sentiment: Some strategists say the rout was driven more by positioning and technical liquidations than by changing fundamentals — suggests rebounds can persist but leaves volatility elevated. Gold, silver rout was about positioning, not fundamentals – Société Générale
• Neutral Sentiment: Market commentary calls for a “reset” after speculative premiums pushed metals above targets; traders are refocusing on support zones — a technical consolidation phase that could produce choppy trading for SIL. Time for a Reset: Let’s Talk About Gold and Silver Without the Hype
• Negative Sentiment: Silver experienced a record one-day crash and entered a bear market, highlighting extreme downside risk and the potential for further sharp reversals that would hurt SIL. Silver plunges into a bear market for the first time since 2022
• Negative Sentiment: Meme-like behavior and volatile retail flows have been compared to GameStop-style episodes, increasing the chance of disorderly moves that can hurt ETF holders who are not positioned for rapid swings. ‘GameStop in 2026’: How silver market has morphed into meme trading
• Negative Sentiment: Macro headlines — including Fed-related concerns tied to policy appointments — were cited as a trigger for the prior metals selloff, showing SIL remains sensitive to Fed and liquidity news. Gold, Silver Selloff Continues. Why Trump’s Warsh Fed Pick Is Bashing Prices.

Global X Silver Miners ETF Price Performance

The firm has a market cap of $6.37 billion, a price-to-earnings ratio of 32.07 and a beta of 0.71. The firm has a fifty day simple moving average of $88.66 and a two-hundred day simple moving average of $71.72.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of SIL. Royal Bank of Canada lifted its stake in shares of Global X Silver Miners ETF by 620.3% during the first quarter. Royal Bank of Canada now owns 210,084 shares of the company’s stock worth $8,288,000 after buying an additional 180,917 shares during the period. NewEdge Advisors LLC raised its stake in Global X Silver Miners ETF by 120.6% in the 1st quarter. NewEdge Advisors LLC now owns 14,781 shares of the company’s stock worth $583,000 after acquiring an additional 8,082 shares during the last quarter. Chung Wu Investment Group LLC acquired a new stake in Global X Silver Miners ETF during the 2nd quarter worth about $501,000. Baldwin Wealth Partners LLC MA lifted its position in Global X Silver Miners ETF by 22.5% during the 2nd quarter. Baldwin Wealth Partners LLC MA now owns 7,350 shares of the company’s stock worth $354,000 after acquiring an additional 1,350 shares during the period. Finally, CWM LLC purchased a new stake in Global X Silver Miners ETF during the 2nd quarter valued at about $107,000.

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.