Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) Shares Gap Up – Should You Buy?

Amplify Junior Silver Miners ETF (NYSEARCA:SILJ)’s share price gapped up prior to trading on Monday . The stock had previously closed at $12.59, but opened at $13.03. Amplify Junior Silver Miners ETF shares last traded at $12.88, with a volume of 573,812 shares changing hands.

Amplify Junior Silver Miners ETF Price Performance

The business has a 50 day simple moving average of $11.68 and a 200 day simple moving average of $11.84. The company has a market capitalization of $1.11 billion, a price-to-earnings ratio of 22.62 and a beta of 1.13.

Hedge Funds Weigh In On Amplify Junior Silver Miners ETF

Hedge funds have recently bought and sold shares of the company. Verus Capital Partners LLC lifted its position in shares of Amplify Junior Silver Miners ETF by 1.5% during the fourth quarter. Verus Capital Partners LLC now owns 99,900 shares of the company’s stock worth $992,000 after purchasing an additional 1,500 shares in the last quarter. Southland Equity Partners LLC increased its stake in Amplify Junior Silver Miners ETF by 17.8% during the 4th quarter. Southland Equity Partners LLC now owns 13,248 shares of the company’s stock worth $132,000 after buying an additional 2,000 shares during the period. Stifel Financial Corp lifted its holdings in Amplify Junior Silver Miners ETF by 9.8% during the 4th quarter. Stifel Financial Corp now owns 30,845 shares of the company’s stock worth $306,000 after buying an additional 2,763 shares in the last quarter. 180 Wealth Advisors LLC boosted its position in Amplify Junior Silver Miners ETF by 17.1% in the 4th quarter. 180 Wealth Advisors LLC now owns 19,540 shares of the company’s stock valued at $194,000 after buying an additional 2,850 shares during the period. Finally, JTC Employer Solutions Trustee Ltd grew its stake in shares of Amplify Junior Silver Miners ETF by 600.0% in the first quarter. JTC Employer Solutions Trustee Ltd now owns 5,600 shares of the company’s stock worth $68,000 after acquiring an additional 4,800 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.