Potomac Fund Management Inc. ADV Sells 11,469 Shares of Global X Silver Miners ETF $SIL

Potomac Fund Management Inc. ADV trimmed its holdings in Global X Silver Miners ETF (NYSEARCA:SIL) by 6.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 163,889 shares of the company’s stock after selling 11,469 shares during the period. Global X Silver Miners ETF accounts for approximately 0.5% of Potomac Fund Management Inc. ADV’s holdings, making the stock its 20th largest position. Potomac Fund Management Inc. ADV’s holdings in Global X Silver Miners ETF were worth $13,688,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in SIL. CIBC Private Wealth Group LLC grew its position in Global X Silver Miners ETF by 204.7% in the fourth quarter. CIBC Private Wealth Group LLC now owns 323 shares of the company’s stock worth $27,000 after acquiring an additional 217 shares in the last quarter. TD Waterhouse Canada Inc. boosted its holdings in shares of Global X Silver Miners ETF by 133.3% during the 4th quarter. TD Waterhouse Canada Inc. now owns 350 shares of the company’s stock worth $29,000 after buying an additional 200 shares during the period. Evelyn Partners Investment Management LLP bought a new stake in shares of Global X Silver Miners ETF during the 4th quarter worth $32,000. Ameriflex Group Inc. boosted its holdings in shares of Global X Silver Miners ETF by 100.0% during the 3rd quarter. Ameriflex Group Inc. now owns 538 shares of the company’s stock worth $39,000 after buying an additional 269 shares during the period. Finally, Larson Financial Group LLC bought a new stake in shares of Global X Silver Miners ETF during the 4th quarter worth $44,000.

Global X Silver Miners ETF Stock Performance

NYSEARCA SIL opened at $81.68 on Monday. The company has a fifty day simple moving average of $91.75 and a 200 day simple moving average of $92.68. The company has a market cap of $4.89 billion, a P/E ratio of 32.07 and a beta of 0.79. Global X Silver Miners ETF has a 1 year low of $46.18 and a 1 year high of $119.24.

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.