Pinnbrook Capital Management LP Invests $766,000 in Global X Silver Miners ETF $SIL

Pinnbrook Capital Management LP bought a new stake in shares of Global X Silver Miners ETF (NYSEARCA:SIL) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 10,697 shares of the company’s stock, valued at approximately $766,000.

A number of other institutional investors have also recently added to or reduced their stakes in SIL. AE Wealth Management LLC boosted its position in shares of Global X Silver Miners ETF by 26.9% in the second quarter. AE Wealth Management LLC now owns 995 shares of the company’s stock worth $48,000 after buying an additional 211 shares during the period. SBI Securities Co. Ltd. raised its holdings in shares of Global X Silver Miners ETF by 31.4% during the 2nd quarter. SBI Securities Co. Ltd. now owns 891 shares of the company’s stock valued at $43,000 after buying an additional 213 shares during the period. Aptus Capital Advisors LLC lifted its position in Global X Silver Miners ETF by 45.3% during the 3rd quarter. Aptus Capital Advisors LLC now owns 722 shares of the company’s stock worth $52,000 after acquiring an additional 225 shares in the last quarter. Creative Planning lifted its position in Global X Silver Miners ETF by 1.2% during the 2nd quarter. Creative Planning now owns 19,867 shares of the company’s stock worth $956,000 after acquiring an additional 236 shares in the last quarter. Finally, Ameriflex Group Inc. boosted its holdings in Global X Silver Miners ETF by 100.0% in the 3rd quarter. Ameriflex Group Inc. now owns 538 shares of the company’s stock worth $39,000 after acquiring an additional 269 shares during the period.

Global X Silver Miners ETF Stock Down 5.5%

NYSEARCA SIL opened at $94.30 on Friday. Global X Silver Miners ETF has a fifty-two week low of $33.11 and a fifty-two week high of $119.24. The business has a 50 day moving average price of $101.94 and a two-hundred day moving average price of $81.98. The stock has a market cap of $6.17 billion, a PE ratio of 32.07 and a beta of 0.71.

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.