Advisory Services Network LLC Invests $238,000 in Amplify Junior Silver Miners ETF (NYSEARCA:SILJ)

Advisory Services Network LLC acquired a new stake in Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 23,977 shares of the company’s stock, valued at approximately $238,000.

Other hedge funds have also added to or reduced their stakes in the company. LPL Financial LLC boosted its stake in Amplify Junior Silver Miners ETF by 49.0% in the 4th quarter. LPL Financial LLC now owns 687,314 shares of the company’s stock worth $6,825,000 after purchasing an additional 226,013 shares during the period. Commonwealth Equity Services LLC boosted its position in shares of Amplify Junior Silver Miners ETF by 7.3% during the fourth quarter. Commonwealth Equity Services LLC now owns 639,669 shares of the company’s stock worth $6,352,000 after buying an additional 43,402 shares during the period. OLD Mission Capital LLC grew its holdings in shares of Amplify Junior Silver Miners ETF by 1,444.4% during the fourth quarter. OLD Mission Capital LLC now owns 357,760 shares of the company’s stock worth $3,553,000 after buying an additional 334,595 shares in the last quarter. PCG Wealth Advisors LLC raised its position in Amplify Junior Silver Miners ETF by 33.9% in the 4th quarter. PCG Wealth Advisors LLC now owns 221,810 shares of the company’s stock valued at $2,203,000 after buying an additional 56,218 shares during the last quarter. Finally, HighTower Advisors LLC boosted its position in Amplify Junior Silver Miners ETF by 7.3% during the 4th quarter. HighTower Advisors LLC now owns 145,401 shares of the company’s stock worth $1,444,000 after acquiring an additional 9,838 shares during the last quarter.

Amplify Junior Silver Miners ETF Stock Down 2.1 %

NYSEARCA SILJ opened at $12.59 on Friday. The firm’s 50 day moving average is $11.68 and its 200-day moving average is $11.86. The company has a market capitalization of $1.14 billion, a PE ratio of 25.70 and a beta of 1.12. Amplify Junior Silver Miners ETF has a 12-month low of $9.72 and a 12-month high of $15.18.

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.