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

Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) reached 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 traded. The stock had previously closed at $33.50.

Amplify Junior Silver Miners ETF Stock Up 7.7%

The stock has a market capitalization of $5.50 billion, a PE ratio of 25.57 and a beta of 0.79. The stock’s 50-day moving average is $27.92 and its 200 day moving average is $22.45.

Institutional Trading of Amplify Junior Silver Miners ETF

A number of institutional investors and hedge funds have recently made changes to their positions in SILJ. Royal Bank of Canada increased its position in Amplify Junior Silver Miners ETF by 151.5% during the first quarter. Royal Bank of Canada now owns 333,551 shares of the company’s stock worth $4,042,000 after acquiring an additional 200,940 shares during the period. Integrated Wealth Concepts LLC bought a new stake in shares of Amplify Junior Silver Miners ETF in the 1st quarter worth approximately $149,000. Farther Finance Advisors LLC increased its position in shares of Amplify Junior Silver Miners ETF by 334.2% during the second quarter. Farther Finance Advisors LLC now owns 25,401 shares of the company’s stock valued at $376,000 after purchasing an additional 19,551 shares during the period. AdvisorNet Financial Inc acquired a new position in shares of Amplify Junior Silver Miners ETF in the second quarter valued at $40,000. Finally, Vontobel Holding Ltd. boosted its stake in Amplify Junior Silver Miners ETF by 100.0% during the second quarter. Vontobel Holding Ltd. now owns 250,000 shares of the company’s stock worth $3,700,000 after buying an additional 125,000 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.