Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) Shares Up 5.6% – Here’s What Happened

Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) shot up 5.6% on Friday . The company traded as high as $28.18 and last traded at $28.18. 2,002,032 shares changed hands during trading, a decline of 82% from the average session volume of 10,976,108 shares. The stock had previously closed at $26.69.

Amplify Junior Silver Miners ETF Stock Performance

The stock has a market capitalization of $4.46 billion, a price-to-earnings ratio of 25.57 and a beta of 0.79. The business has a 50-day moving average of $33.89 and a 200-day moving average of $28.07.

Institutional Investors Weigh In On Amplify Junior Silver Miners ETF

A number of institutional investors have recently made changes to their positions in SILJ. Abbington Investment Group acquired a new stake in Amplify Junior Silver Miners ETF in the 3rd quarter valued at approximately $649,000. MGO One Seven LLC acquired a new position in Amplify Junior Silver Miners ETF during the third quarter worth $387,000. Silver Oak Securities Incorporated acquired a new position in Amplify Junior Silver Miners ETF during the third quarter worth $537,000. Capital Fund Management S.A. purchased a new position in shares of Amplify Junior Silver Miners ETF during the second quarter worth $2,355,000. Finally, Sequoia Financial Advisors LLC purchased a new position in shares of Amplify Junior Silver Miners ETF during the third quarter worth $337,000.

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.