Parsons Capital Management Inc. RI Buys 28,036 Shares of Amplify Junior Silver Miners ETF $SILJ

Parsons Capital Management Inc. RI lifted its stake in Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) by 19.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 171,423 shares of the company’s stock after acquiring an additional 28,036 shares during the quarter. Parsons Capital Management Inc. RI owned approximately 0.15% of Amplify Junior Silver Miners ETF worth $3,958,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of SILJ. AdvisorNet Financial Inc bought a new position in Amplify Junior Silver Miners ETF in the second quarter valued at approximately $40,000. Bank of Montreal Can increased its holdings in Amplify Junior Silver Miners ETF by 64.6% during the second quarter. Bank of Montreal Can now owns 3,621 shares of the company’s stock worth $54,000 after buying an additional 1,421 shares during the last quarter. Northwestern Mutual Wealth Management Co. acquired a new stake in Amplify Junior Silver Miners ETF in the second quarter valued at $58,000. Integrated Wealth Concepts LLC bought a new position in shares of Amplify Junior Silver Miners ETF in the 1st quarter valued at about $149,000. Finally, Captrust Financial Advisors acquired a new position in shares of Amplify Junior Silver Miners ETF during the 2nd quarter worth about $156,000.

Amplify Junior Silver Miners ETF Stock Performance

Shares of SILJ stock opened at $33.50 on Tuesday. Amplify Junior Silver Miners ETF has a 52-week low of $10.01 and a 52-week high of $33.53. The stock has a market cap of $4.89 billion, a price-to-earnings ratio of 25.57 and a beta of 0.79. The firm’s 50-day moving average is $27.16 and its 200-day moving average is $22.11.

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.