Fortis Group Advisors LLC Makes New $585,000 Investment in Global X Silver Miners ETF $SIL

Fortis Group Advisors LLC bought a new stake in shares of Global X Silver Miners ETF (NYSEARCA:SIL) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 8,782 shares of the company’s stock, valued at approximately $585,000.

Several other hedge funds also recently modified their holdings of the business. Root Financial Partners LLC bought a new stake in shares of Global X Silver Miners ETF during the third quarter worth approximately $27,000. Private Trust Co. NA grew its holdings in Global X Silver Miners ETF by 925.0% during the 3rd quarter. Private Trust Co. NA now owns 410 shares of the company’s stock worth $29,000 after acquiring an additional 370 shares during the period. Bogart Wealth LLC raised its position in shares of Global X Silver Miners ETF by 3,080.0% during the 2nd quarter. Bogart Wealth LLC now owns 636 shares of the company’s stock valued at $31,000 after acquiring an additional 616 shares during the last quarter. Atlantic Union Bankshares Corp lifted its stake in shares of Global X Silver Miners ETF by 661.7% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 457 shares of the company’s stock valued at $33,000 after purchasing an additional 397 shares during the period. Finally, SBI Securities Co. Ltd. boosted its position in shares of Global X Silver Miners ETF by 31.4% in the 2nd quarter. SBI Securities Co. Ltd. now owns 891 shares of the company’s stock worth $43,000 after purchasing an additional 213 shares during the last quarter.

Global X Silver Miners ETF Trading Up 3.0%

Global X Silver Miners ETF stock opened at $100.51 on Thursday. The business has a 50-day moving average of $94.38 and a 200-day moving average of $75.80. The firm has a market capitalization of $6.58 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 $33.11 and a 1 year high of $119.24.

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.