Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) Hits New 52-Week High – What’s Next?

Shares of Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $41.04 and last traded at $40.9380, with a volume of 3896351 shares. The stock had previously closed at $38.74.

Amplify Junior Silver Miners ETF Stock Up 3.9%

The business’s fifty day moving average is $28.23 and its two-hundred day moving average is $22.73. The firm has a market cap of $6.12 billion, a price-to-earnings ratio of 25.57 and a beta of 0.79.

Hedge Funds Weigh In On Amplify Junior Silver Miners ETF

Several large investors have recently made changes to their positions in the company. Contravisory Investment Management Inc. acquired a new stake in Amplify Junior Silver Miners ETF in the fourth quarter worth about $25,000. Flagship Harbor Advisors LLC acquired a new stake in shares of Amplify Junior Silver Miners ETF during the 4th quarter worth approximately $29,000. Harbor Investment Advisory LLC acquired a new stake in shares of Amplify Junior Silver Miners ETF during the 4th quarter worth approximately $42,000. Blue Trust Inc. raised its stake in shares of Amplify Junior Silver Miners ETF by 130.8% during the fourth quarter. Blue Trust Inc. now owns 1,500 shares of the company’s stock worth $42,000 after buying an additional 850 shares during the last quarter. Finally, Assetmark Inc. raised its stake in shares of Amplify Junior Silver Miners ETF by 348.2% during the third quarter. Assetmark Inc. now owns 1,914 shares of the company’s stock worth $44,000 after buying an additional 1,487 shares during 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.