Main Street Financial Solutions LLC Sells 700 Shares of Global X Silver Miners ETF (NYSEARCA:SIL)

Main Street Financial Solutions LLC reduced its stake in Global X Silver Miners ETF (NYSEARCA:SIL) by 3.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,950 shares of the company’s stock after selling 700 shares during the quarter. Main Street Financial Solutions LLC owned 0.07% of Global X Silver Miners ETF worth $805,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. CreativeOne Wealth LLC bought a new position in shares of Global X Silver Miners ETF during the first quarter worth about $235,000. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Global X Silver Miners ETF by 14.6% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 16,500 shares of the company’s stock worth $453,000 after purchasing an additional 2,100 shares during the last quarter. SG Americas Securities LLC bought a new position in Global X Silver Miners ETF in the first quarter valued at $919,000. Envestnet Asset Management Inc. lifted its position in Global X Silver Miners ETF by 21.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 121,219 shares of the company’s stock worth $3,781,000 after buying an additional 21,639 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its holdings in shares of Global X Silver Miners ETF by 32.7% in the 1st quarter. BNP Paribas Financial Markets now owns 30,344 shares of the company’s stock valued at $833,000 after acquiring an additional 7,474 shares in the last quarter.

Global X Silver Miners ETF Stock Performance

NYSEARCA:SIL opened at $34.60 on Thursday. The stock’s 50-day simple moving average is $36.39 and its 200 day simple moving average is $34.10. Global X Silver Miners ETF has a 52-week low of $22.58 and a 52-week high of $42.29. The company has a market cap of $1.16 billion, a P/E ratio of 25.53 and a beta of 0.95.

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.