Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) Sets New 52-Week High – Should You Buy?
by Amy Steele · The Cerbat GemAmplify Junior Silver Miners ETF (NYSEARCA:SILJ – Get Free Report) reached a new 52-week high on Tuesday . The stock traded as high as $30.38 and last traded at $30.34, with a volume of 10291396 shares. The stock had previously closed at $28.68.
Amplify Junior Silver Miners ETF Trading Up 5.8%
The stock has a market cap of $4.25 billion, a price-to-earnings ratio of 25.57 and a beta of 0.79. The stock has a fifty day simple moving average of $25.23 and a 200-day simple moving average of $20.92.
Institutional Investors Weigh In On Amplify Junior Silver Miners ETF
Hedge funds and other institutional investors have recently modified their holdings of the stock. Y Intercept Hong Kong Ltd bought a new position in Amplify Junior Silver Miners ETF in the second quarter worth $1,327,000. Farther Finance Advisors LLC raised its stake in shares of Amplify Junior Silver Miners ETF by 334.2% in the 2nd quarter. Farther Finance Advisors LLC now owns 25,401 shares of the company’s stock valued at $376,000 after buying an additional 19,551 shares in the last quarter. Capital Fund Management S.A. bought a new position in Amplify Junior Silver Miners ETF during the second quarter worth about $2,355,000. Silver Oak Securities Incorporated bought a new position in Amplify Junior Silver Miners ETF during the third quarter worth about $537,000. Finally, Diametric Capital LP acquired a new stake in Amplify Junior Silver Miners ETF during the second quarter valued at approximately $445,000.
Amplify Junior Silver Miners ETF Company Profile
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.