Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) Sees Strong Trading Volume – Time to Buy?

Amplify Junior Silver Miners ETF (NYSEARCA:SILJGet Free Report) saw unusually-strong trading volume on Monday . Approximately 3,863,030 shares were traded during mid-day trading, a decline of 27% from the previous session’s volume of 5,283,441 shares.The stock last traded at $26.16 and had previously closed at $26.09.

Amplify Junior Silver Miners ETF Trading Down 0.2%

The stock has a market capitalization of $2.98 billion, a P/E ratio of 25.57 and a beta of 0.79. The company has a 50-day moving average price of $23.28 and a 200 day moving average price of $18.60.

Institutional Trading of Amplify Junior Silver Miners ETF

Several hedge funds have recently modified their holdings of SILJ. LPL Financial LLC grew its position in shares of Amplify Junior Silver Miners ETF by 52.6% in the 1st quarter. LPL Financial LLC now owns 1,048,801 shares of the company’s stock worth $12,711,000 after buying an additional 361,487 shares during the last quarter. Harbour Investments Inc. purchased a new position in Amplify Junior Silver Miners ETF in the first quarter worth $417,000. National Bank of Canada FI increased its position in shares of Amplify Junior Silver Miners ETF by 13.7% during the first quarter. National Bank of Canada FI now owns 37,148 shares of the company’s stock worth $450,000 after purchasing an additional 4,463 shares in the last quarter. SouthState Corp purchased a new stake in shares of Amplify Junior Silver Miners ETF during the 1st quarter valued at $40,000. Finally, New Harbor Financial Group LLC acquired a new stake in shares of Amplify Junior Silver Miners ETF in the 1st quarter worth $208,000.

Amplify Junior Silver Miners ETF Company Profile

(Get Free Report)

The ETFMG Prime Junior Silver Miners ETF (SILJ) is an exchange-traded fund that mostly invests in materials equity. The fund tracks a modified market-cap-weighted index of small-cap silver mining and exploration companies. SILJ was launched on Nov 28, 2012 and is managed by ETF Managers Group.

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