Yong Rong HK Asset Management Ltd Invests $8.60 Million in Global X Silver Miners ETF $SIL

Yong Rong HK Asset Management Ltd acquired a new stake in Global X Silver Miners ETF (NYSEARCA:SIL) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 120,000 shares of the company’s stock, valued at approximately $8,596,000. Global X Silver Miners ETF comprises 2.4% of Yong Rong HK Asset Management Ltd’s holdings, making the stock its 10th biggest position. Yong Rong HK Asset Management Ltd owned approximately 0.23% of Global X Silver Miners ETF at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Meitav Investment House Ltd. raised its stake in shares of Global X Silver Miners ETF by 87.7% during the third quarter. Meitav Investment House Ltd. now owns 1,220,000 shares of the company’s stock valued at $87,151,000 after acquiring an additional 570,000 shares during the last quarter. Royal Bank of Canada raised its position in Global X Silver Miners ETF by 620.3% during the 1st quarter. Royal Bank of Canada now owns 210,084 shares of the company’s stock worth $8,288,000 after purchasing an additional 180,917 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in Global X Silver Miners ETF by 100.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 255,277 shares of the company’s stock worth $12,476,000 after buying an additional 128,104 shares during the period. Foundations Investment Advisors LLC bought a new stake in shares of Global X Silver Miners ETF in the 3rd quarter valued at about $7,592,000. Finally, Altfest L J & Co. Inc. bought a new stake in shares of Global X Silver Miners ETF in the 3rd quarter valued at about $5,882,000.

Global X Silver Miners ETF Price Performance

Shares of SIL opened at $94.30 on Friday. The business has a 50-day moving average of $88.16 and a 200-day moving average of $71.10. The company has a market capitalization of $6.11 billion, a price-to-earnings ratio of 32.07 and a beta of 0.71. Global X Silver Miners ETF has a 1 year low of $33.11 and a 1 year high of $119.24.

Global X Silver Miners ETF News Roundup

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

• Positive Sentiment: Analysts urge investors not to panic, calling the sell-off a healthy correction and saying the longer-term bull trend in gold and silver remains intact — a constructive view for silver-miner exposure over time. Don’t panic: Analysts see gold and silver’s sell-off as a healthy correction
• Positive Sentiment: Commentary notes the pullback was predictable after January’s explosive rally — implying this decline could be a buying opportunity for longer-term silver/mining exposure if the macro backdrop reasserts. Gold, silver selloff was inevitable after January’s explosive rally, but broader trend remains intact
• Neutral Sentiment: Coverage flags that silver’s latest move has meme-stock characteristics — heavy retail participation can add outsized volatility and make short-term direction unpredictable for SIL. Silver Is the New Meme Stock—$170 or $60 Ahead?
• Neutral Sentiment: Technicals: analysts point to the 50-day moving average (~$74.55 for spot silver) as a key level; a hold or break there will influence near-term momentum for miners. Silver (XAG) Forecast: Silver Market Eyes 50-Day MA at $74.55 for Possible Momentum Shift
• Negative Sentiment: News that Kevin Warsh was nominated to chair the Fed eased concerns about political interference, removing a part of the bullish case for precious metals and sparking a fast sell-off. Gold and Silver Prices Plunge from Record Highs—What Investors Need to Know
• Negative Sentiment: Market coverage describes a near-term meltdown and the largest one-day drops in years as traders rushed to lock in gains — a clear headwind for SIL’s share price. Silver heads for biggest drop in 14 years, with ‘every man and his dog rushing for the exit’
• Negative Sentiment: Multiple outlets report a broad retreat in metals after a furious rally, driven by profit-taking — this directly reduces expected near-term cash flows and sentiment for mining stocks held in SIL. Gold, silver and copper continue to retreat after furious rally

About Global X Silver Miners ETF

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.