Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) Sees Large Volume Increase – Still a Buy?

Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) shares saw unusually-high trading volume on Wednesday . Approximately 1,089,768 shares were traded during trading, a decline of 45% from the previous session’s volume of 1,972,832 shares.The stock last traded at $14.65 and had previously closed at $15.08.

Amplify Junior Silver Miners ETF Trading Down 0.3 %

The stock has a market capitalization of $1.11 billion, a P/E ratio of 0.87 and a beta of 1.29. The business’s fifty day simple moving average is $12.75 and its two-hundred day simple moving average is $12.11.

Institutional Trading of Amplify Junior Silver Miners ETF

A number of hedge funds have recently modified their holdings of the company. J.W. Cole Advisors Inc. bought a new position in shares of Amplify Junior Silver Miners ETF during the 3rd quarter worth about $173,000. Pettinga Financial Advisors LLC boosted its holdings in Amplify Junior Silver Miners ETF by 27.2% during the third quarter. Pettinga Financial Advisors LLC now owns 37,843 shares of the company’s stock valued at $488,000 after purchasing an additional 8,100 shares in the last quarter. JTC Employer Solutions Trustee Ltd bought a new stake in shares of Amplify Junior Silver Miners ETF in the 3rd quarter valued at approximately $107,000. PCG Wealth Advisors LLC raised its holdings in shares of Amplify Junior Silver Miners ETF by 6.7% in the 3rd quarter. PCG Wealth Advisors LLC now owns 165,592 shares of the company’s stock worth $2,134,000 after buying an additional 10,452 shares in the last quarter. Finally, Cubist Systematic Strategies LLC bought a new position in shares of Amplify Junior Silver Miners ETF during the 2nd quarter worth approximately $722,000.

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.