RFG Advisory LLC Makes New $1.25 Million Investment in Global X Silver Miners ETF $SIL

RFG Advisory LLC acquired a new stake in shares of Global X Silver Miners ETF (NYSEARCA:SIL) in the first quarter, HoldingsChannel.com reports. The fund acquired 13,864 shares of the company’s stock, valued at approximately $1,249,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Apella Capital LLC purchased a new position in shares of Global X Silver Miners ETF in the first quarter worth $227,000. AdvisorNet Financial Inc grew its stake in Global X Silver Miners ETF by 331.0% during the first quarter. AdvisorNet Financial Inc now owns 3,556 shares of the company’s stock valued at $320,000 after acquiring an additional 2,731 shares in the last quarter. XML Financial LLC increased its holdings in Global X Silver Miners ETF by 16.0% in the 1st quarter. XML Financial LLC now owns 2,900 shares of the company’s stock valued at $261,000 after acquiring an additional 400 shares during the last quarter. Brookstone Capital Management increased its holdings in Global X Silver Miners ETF by 50.9% in the 1st quarter. Brookstone Capital Management now owns 8,465 shares of the company’s stock valued at $762,000 after acquiring an additional 2,856 shares during the last quarter. Finally, Roble Belko & Company Inc purchased a new stake in Global X Silver Miners ETF in the 1st quarter worth $40,000.

Global X Silver Miners ETF Stock Up 1.7%

SIL opened at $78.42 on Friday. The firm has a 50-day simple moving average of $89.14 and a two-hundred day simple moving average of $93.04. Global X Silver Miners ETF has a 52 week low of $46.57 and a 52 week high of $119.24. The company has a market capitalization of $4.69 billion, a PE ratio of 32.07 and a beta of 0.79.

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.