Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) Hits New 1-Year High – Here’s Why

Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $35.18 and last traded at $34.9630, with a volume of 3543798 shares changing hands. The stock had previously closed at $33.50.

Amplify Junior Silver Miners ETF Price Performance

The stock has a market capitalization of $5.12 billion, a price-to-earnings ratio of 25.57 and a beta of 0.79. The business has a fifty day moving average of $27.16 and a 200-day moving average of $22.11.

Institutional Trading of Amplify Junior Silver Miners ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in SILJ. Capital Fund Management S.A. boosted its holdings in Amplify Junior Silver Miners ETF by 425.8% during the third quarter. Capital Fund Management S.A. now owns 836,576 shares of the company’s stock worth $19,317,000 after buying an additional 677,480 shares in the last quarter. Qube Research & Technologies Ltd lifted its position in shares of Amplify Junior Silver Miners ETF by 666.7% during the 2nd quarter. Qube Research & Technologies Ltd now owns 456,124 shares of the company’s stock valued at $6,751,000 after acquiring an additional 396,631 shares during the last quarter. Hohimer Wealth Management LLC bought a new stake in shares of Amplify Junior Silver Miners ETF during the 3rd quarter worth $5,964,000. Adage Capital Partners GP L.L.C. acquired a new position in shares of Amplify Junior Silver Miners ETF in the 2nd quarter worth $3,700,000. Finally, PCG Wealth Advisors LLC acquired a new position in shares of Amplify Junior Silver Miners ETF in the 3rd quarter worth $5,737,000.

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.