Amplify Junior Silver Miners ETF Sees Unusually High Options Volume (NYSEARCA:SILJ)

Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) was the target of some unusual options trading on Wednesday. Traders purchased 93,732 put options on the stock. This is an increase of 36% compared to the typical volume of 68,693 put options.

Trending Headlines about Amplify Junior Silver Miners ETF

Here are the key news stories impacting Amplify Junior Silver Miners ETF this week:

• Positive Sentiment: Silver has surged above $90 on continued rallying demand, lifting junior silver miner exposure. Silver Soars Above $90.00 As Rally Continues
• Positive Sentiment: Technical buying is driving silver higher, which typically amplifies moves in junior miner ETFs like SILJ. Silver leads gold higher on technical buying
• Positive Sentiment: Amplify ETFs coverage notes retail investors remain confident in silver’s outlook — a direct sentiment booster for SILJ investors. Silver is consolidating, but retail investors remain confident – Amplify ETFs
• Positive Sentiment: Macro drivers — weak US dollar and geopolitical risk — are supporting safe‑haven demand for silver, adding fundamental support to miner equities. Gold and Silver Analysis: Geopolitical Risks and Weak Dollar Drive Bullish Momentum
• Positive Sentiment: Price forecasts and momentum calls (targets near $92) keep upside narratives intact for silver and related miner ETFs. Gold & Silver Price Forecast: $5,200 Breakout or Pullback Ahead
• Neutral Sentiment: Some coverage notes short-term consolidation and choppy trade in silver — could mean sideways action for SILJ if miner stocks pause. Price gains for gold, silver; technical buying featured
• Neutral Sentiment: Reports of choppy silver trading and profit‑taking episodes suggest volatility — positive for swing traders but uncertain for sustained ETF performance. Gold sees profit taking; silver up in choppy trade
• Neutral Sentiment: Regular profit‑taking in gold has produced mixed intraday moves in metals; silver’s direction will likely dictate SILJ near term. Gold Retreats As Traders Take Profits After Rally
• Negative Sentiment: Hawkish Fed signals capped gold at higher levels and could pressure metals if rate expectations firm, which would be a headwind for SILJ. $5,250 Rejected – Will Bulls Regain Control?

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Abbington Investment Group bought a new position in Amplify Junior Silver Miners ETF in the 3rd quarter valued at $649,000. Y Intercept Hong Kong Ltd purchased a new stake in shares of Amplify Junior Silver Miners ETF during the second quarter valued at $1,327,000. MGO One Seven LLC bought a new position in shares of Amplify Junior Silver Miners ETF in the third quarter worth about $387,000. Silver Oak Securities Incorporated bought a new position in shares of Amplify Junior Silver Miners ETF in the third quarter worth about $537,000. Finally, Capital Fund Management S.A. purchased a new position in Amplify Junior Silver Miners ETF in the 2nd quarter worth about $2,355,000.

Amplify Junior Silver Miners ETF Price Performance

Shares of SILJ traded up $1.06 during midday trading on Wednesday, hitting $38.70. The stock had a trading volume of 4,248,934 shares, compared to its average volume of 12,889,733. The stock’s 50 day moving average is $32.48 and its 200 day moving average is $25.70. The firm has a market cap of $6.19 billion, a PE ratio of 25.57 and a beta of 0.79. Amplify Junior Silver Miners ETF has a 1 year low of $10.01 and a 1 year high of $41.10.

About Amplify Junior Silver Miners ETF

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.