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

Parsons Capital Management Inc. RI boosted its holdings in Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) by 19.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 171,423 shares of the company’s stock after acquiring an additional 28,036 shares during the period. Parsons Capital Management Inc. RI’s holdings in Amplify Junior Silver Miners ETF were worth $3,958,000 as of its most recent filing with the Securities and Exchange Commission.

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

Amplify Junior Silver Miners ETF Stock Up 2.0%

Amplify Junior Silver Miners ETF stock opened at $33.50 on Tuesday. The company’s 50-day moving average price is $27.16 and its two-hundred day moving average price is $22.11. The stock has a market cap of $4.89 billion, a P/E ratio of 25.57 and a beta of 0.79. Amplify Junior Silver Miners ETF has a twelve month low of $10.01 and a twelve month high of $33.53.

Amplify Junior Silver Miners ETF 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.