Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) Trading Up 5.6% – Time to Buy?

Amplify Junior Silver Miners ETF (NYSEARCA:SILJ)’s stock price shot up 5.6% during trading on Friday . The company traded as high as $28.18 and last traded at $28.18. 2,002,032 shares were traded during trading, a decline of 82% from the average session volume of 10,976,108 shares. The stock had previously closed at $26.69.

Amplify Junior Silver Miners ETF Stock Up 3.4%

The firm has a 50-day moving average price of $34.00 and a 200 day moving average price of $27.95. The firm has a market capitalization of $4.42 billion, a PE ratio of 25.57 and a beta of 0.79.

Hedge Funds Weigh In On Amplify Junior Silver Miners ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Contravisory Investment Management Inc. purchased a new stake in Amplify Junior Silver Miners ETF during the fourth quarter worth about $25,000. Hurley Capital LLC boosted its stake in shares of Amplify Junior Silver Miners ETF by 187.1% in the fourth quarter. Hurley Capital LLC now owns 913 shares of the company’s stock valued at $25,000 after purchasing an additional 595 shares during the period. Flagship Harbor Advisors LLC purchased a new position in shares of Amplify Junior Silver Miners ETF in the fourth quarter valued at approximately $29,000. SouthState Bank Corp acquired a new position in shares of Amplify Junior Silver Miners ETF in the fourth quarter valued at approximately $32,000. Finally, Golden State Wealth Management LLC grew its holdings in shares of Amplify Junior Silver Miners ETF by 36,825.0% in the fourth 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 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.