Amplify Junior Silver Miners ETF (NYSEARCA:SILJ – Get Free Report) saw unusually large options trading activity on Thursday. Stock traders purchased 97,070 call options on the stock. This is an increase of 104% compared to the average daily volume of 47,473 call options.
Amplify Junior Silver Miners ETF Price Performance
Shares of NYSEARCA SILJ opened at $38.74 on Friday. Amplify Junior Silver Miners ETF has a 1-year low of $10.01 and a 1-year high of $38.89. The business’s 50 day moving average is $28.23 and its two-hundred day moving average is $22.61. The stock has a market capitalization of $5.89 billion, a P/E ratio of 25.57 and a beta of 0.79.
Key Headlines Impacting Amplify Junior Silver Miners ETF
Here are the key news stories impacting Amplify Junior Silver Miners ETF this week:
- Positive Sentiment: Silver topping $100/oz has rekindled investor appetite for silver-mining leverage, benefiting SILJ as a concentrated junior-miners play. Silver hits $100; What’s next as demand for hard assets remains strong
- Positive Sentiment: Geopolitical tensions cited by the market are boosting safe-haven flows into precious metals and related ETFs, lifting SILJ alongside physical silver. Silver Surges Past $100/oz on Mounting Geopolitical Headlines
- Positive Sentiment: Bullish technical commentary and record-high prints are attracting momentum traders and ETF inflows into silver exposures, supporting SILJ’s price momentum. Gold, silver hit new record highs on safe-haven demand, bullish charts
- Positive Sentiment: Unusually large call-option buying in SILJ (roughly 97k calls, ~104% above average) signals speculative bullish positioning that can amplify intraday upside. (internal options flow report)
- Neutral Sentiment: Stronger retail demand for jewelry and physical silver boosted UK retail sales and highlights consumer/industrial demand, a supportive but indirect tailwind for miner ETFs. Soaring gold and silver add glister to December retail sales
- Negative Sentiment: Warnings that silver is “extremely overbought” and advice not to chase could prompt profit-taking or a pullback in leveraged miner ETFs like SILJ if momentum cools. Silver is extremely overbought and investors shouldn’t chase prices – BCA’s Ibrahim
- Negative Sentiment: Analysts and commentary noting the rally’s steepness underscore higher volatility risk for SILJ — rapid gains can reverse quickly, increasing downside risk for short-term holders. Silver’s Rally Is Steep – And That’s Exactly The Point
Institutional Inflows and Outflows
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.
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