20,588 Shares in Global X Silver Miners ETF $SIL Acquired by Pekin Hardy Strauss Inc.

Pekin Hardy Strauss Inc. acquired a new position in Global X Silver Miners ETF (NYSEARCA:SIL) in the 3rd quarter, Holdings Channel reports. The firm acquired 20,588 shares of the company’s stock, valued at approximately $1,771,000.

Several other hedge funds also recently added to or reduced their stakes in SIL. Concurrent Investment Advisors LLC acquired a new position in shares of Global X Silver Miners ETF in the 2nd quarter valued at $558,000. PCG Wealth Advisors LLC grew its holdings in shares of Global X Silver Miners ETF by 62.1% during the 2nd quarter. PCG Wealth Advisors LLC now owns 63,599 shares of the company’s stock worth $4,926,000 after purchasing an additional 24,375 shares during the period. Balefire LLC acquired a new stake in shares of Global X Silver Miners ETF during the 3rd quarter worth about $1,426,000. Envestnet Asset Management Inc. increased its position in shares of Global X Silver Miners ETF by 58.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 101,036 shares of the company’s stock worth $7,826,000 after purchasing an additional 37,330 shares during the last quarter. Finally, BFI Infinity Ltd. acquired a new stake in shares of Global X Silver Miners ETF during the 3rd quarter worth about $2,348,000.

Global X Silver Miners ETF Trading Up 2.6%

SIL traded up $2.03 on Friday, hitting $79.36. The company had a trading volume of 653,375 shares, compared to its average volume of 2,073,947. The firm has a market cap of $3.98 billion, a P/E ratio of 32.07 and a beta of 0.87. Global X Silver Miners ETF has a 1 year low of $62.73 and a 1 year high of $119.24. The company’s fifty day moving average price is $86.77 and its 200 day moving average price is $90.16.

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.