ETFs Facing Significant Outflows: SIL, WPM, PAAS, AG Under Scrutiny

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The Global X Silver Miners ETF (SIL) experienced a significant outflow of approximately $267.7 million, equating to a 4.8% decrease in shares outstanding, from 60,357,318 to 57,487,318. This change was observed over the past week.

As of the last trade, SIL shares were priced at $91.91, down from a 52-week high of $119.24 and above a low of $33.11. Major underlying components such as Wheaton Precious Metals Corp (WPM) fell by 0.8%, Pan American Silver Corp (PAAS) decreased by 0.6%, and First Majestic Silver Corp (AG) dropped by 1.6%.

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