Amplify Junior Silver Miners ETF Target of Unusually Large Options Trading (NYSEARCA:SILJ)

Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) was the target of some unusual options trading on Wednesday. Stock investors acquired 106,600 call options on the stock. This represents an increase of 50% compared to the average volume of 70,922 call options.

Institutional Investors Weigh In On Amplify Junior Silver Miners ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Contravisory Investment Management Inc. purchased a new position in shares of Amplify Junior Silver Miners ETF in the 4th quarter worth approximately $25,000. Hurley Capital LLC lifted its holdings in Amplify Junior Silver Miners ETF by 187.1% during the fourth quarter. Hurley Capital LLC now owns 913 shares of the company’s stock worth $25,000 after acquiring an additional 595 shares during the period. Flagship Harbor Advisors LLC purchased a new position in Amplify Junior Silver Miners ETF in the fourth quarter worth $29,000. SouthState Bank Corp purchased a new position in Amplify Junior Silver Miners ETF in the fourth quarter worth $32,000. Finally, Golden State Wealth Management LLC grew its stake in Amplify Junior Silver Miners ETF by 36,825.0% in the 4th quarter. Golden State Wealth Management LLC now owns 1,477 shares of the company’s stock valued at $41,000 after purchasing an additional 1,473 shares during the period.

Amplify Junior Silver Miners ETF Price Performance

Shares of NYSEARCA SILJ traded down $1.62 during trading on Friday, hitting $31.75. The stock had a trading volume of 5,174,693 shares, compared to its average volume of 11,462,728. The firm has a fifty day moving average of $34.35 and a two-hundred day moving average of $27.20. The company has a market capitalization of $5.08 billion, a PE ratio of 25.57 and a beta of 0.79. Amplify Junior Silver Miners ETF has a 12 month low of $10.01 and a 12 month high of $41.10.

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.