Global X Silver Miners ETF (NYSEARCA:SIL) Shares Gap Down – Here’s What Happened

Global X Silver Miners ETF (NYSEARCA:SIL) gapped down before the market opened on Monday . The stock had previously closed at $36.05, but opened at $35.00. Global X Silver Miners ETF shares last traded at $35.04, with a volume of 77,112 shares.

Global X Silver Miners ETF Trading Down 2.9 %

The stock has a market cap of $1.17 billion, a price-to-earnings ratio of 25.53 and a beta of 0.95. The company has a 50 day simple moving average of $36.98 and a 200-day simple moving average of $34.35.

Institutional Trading of Global X Silver Miners ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. OneDigital Investment Advisors LLC raised its holdings in shares of Global X Silver Miners ETF by 1.6% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 17,659 shares of the company’s stock valued at $620,000 after purchasing an additional 270 shares during the period. FMR LLC boosted its position in Global X Silver Miners ETF by 260.4% during the third quarter. FMR LLC now owns 865 shares of the company’s stock worth $30,000 after purchasing an additional 625 shares during the period. International Assets Investment Management LLC acquired a new position in shares of Global X Silver Miners ETF in the second quarter valued at $29,000. Fiduciary Trust Co raised its position in shares of Global X Silver Miners ETF by 7.3% in the third quarter. Fiduciary Trust Co now owns 21,480 shares of the company’s stock valued at $754,000 after purchasing an additional 1,470 shares during the period. Finally, Baldwin Brothers LLC MA acquired a new stake in shares of Global X Silver Miners ETF during the 2nd quarter worth about $50,000.

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.