IMC Chicago LLC Makes New $1.23 Million Investment in Global X Silver Miners ETF (NYSEARCA:SIL)

IMC Chicago LLC bought a new position in shares of Global X Silver Miners ETF (NYSEARCA:SIL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 38,573 shares of the company’s stock, valued at approximately $1,225,000. IMC Chicago LLC owned about 0.11% of Global X Silver Miners ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. FMR LLC boosted its position in shares of 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 buying an additional 625 shares during the period. JPMorgan Chase & Co. boosted its holdings in Global X Silver Miners ETF by 97.6% in the third quarter. JPMorgan Chase & Co. now owns 1,306 shares of the company’s stock valued at $46,000 after purchasing an additional 645 shares during the period. Arlington Trust Co LLC purchased a new position in Global X Silver Miners ETF in the third quarter valued at $114,000. Franklin Resources Inc. boosted its holdings in Global X Silver Miners ETF by 324.5% in the third quarter. Franklin Resources Inc. now owns 4,245 shares of the company’s stock valued at $154,000 after purchasing an additional 3,245 shares during the period. Finally, Sunbelt Securities Inc. boosted its holdings in Global X Silver Miners ETF by 51.4% in the third quarter. Sunbelt Securities Inc. now owns 5,955 shares of the company’s stock valued at $209,000 after purchasing an additional 2,022 shares during the period.

Global X Silver Miners ETF Trading Up 1.7 %

NYSEARCA:SIL opened at $36.69 on Tuesday. The firm has a market cap of $1.23 billion, a PE ratio of 25.53 and a beta of 0.95. The stock has a fifty day moving average price of $34.56 and a 200 day moving average price of $34.86. Global X Silver Miners ETF has a 12-month low of $22.58 and a 12-month high of $42.29.

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.