Traders Purchase High Volume of Call Options on Amplify Junior Silver Miners ETF (NYSEARCA:SILJ)

Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) was the target of unusually large options trading activity on Friday. Traders acquired 10,102 call options on the company. This is an increase of approximately 122% compared to the typical daily volume of 4,543 call options.

Amplify Junior Silver Miners ETF Stock Performance

Amplify Junior Silver Miners ETF stock traded up $0.17 during midday trading on Friday, reaching $11.22. 1,446,765 shares of the stock were exchanged, compared to its average volume of 1,840,949. The company’s fifty day moving average is $9.44 and its 200-day moving average is $9.19. The firm has a market cap of $845.99 million, a PE ratio of 0.89 and a beta of 1.29. Amplify Junior Silver Miners ETF has a 52 week low of $7.80 and a 52 week high of $12.02.

Hedge Funds Weigh In On Amplify Junior Silver Miners ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. UBS Group AG purchased a new position in Amplify Junior Silver Miners ETF in the 3rd quarter worth approximately $26,000. U S Global Investors Inc. purchased a new position in Amplify Junior Silver Miners ETF in the 4th quarter worth approximately $29,000. JPMorgan Chase & Co. purchased a new position in Amplify Junior Silver Miners ETF in the 2nd quarter worth approximately $29,000. Parkside Financial Bank & Trust purchased a new position in Amplify Junior Silver Miners ETF in the 4th quarter worth approximately $60,000. Finally, Money Concepts Capital Corp grew its stake in Amplify Junior Silver Miners ETF by 26.8% in the 4th quarter. Money Concepts Capital Corp now owns 6,354 shares of the company’s stock worth $67,000 after buying an additional 1,343 shares in the last quarter.

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.