Amplify Junior Silver Miners ETF Sees Unusually Large Options Volume (NYSEARCA:SILJ)

Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) was the target of unusually large options trading on Wednesday. Stock investors acquired 56,831 call options on the stock. This is an increase of approximately 32% compared to the average volume of 42,957 call options.

Hedge Funds Weigh In On Amplify Junior Silver Miners ETF

A number of hedge funds have recently modified their holdings of SILJ. SJS Investment Consulting Inc. purchased a new position in Amplify Junior Silver Miners ETF during the 1st quarter worth $26,000. Hurley Capital LLC boosted its stake in shares of Amplify Junior Silver Miners ETF by 187.1% during the fourth quarter. Hurley Capital LLC now owns 913 shares of the company’s stock worth $25,000 after buying an additional 595 shares during the period. Flagship Harbor Advisors LLC acquired a new stake in shares of Amplify Junior Silver Miners ETF during the fourth quarter worth about $29,000. SouthState Bank Corp purchased a new position in shares of Amplify Junior Silver Miners ETF during the fourth quarter worth about $32,000. Finally, Parvin Asset Management LLC purchased a new position in shares of Amplify Junior Silver Miners ETF during the first quarter worth about $36,000.

Amplify Junior Silver Miners ETF Trading Up 6.3%

Shares of NYSEARCA SILJ traded up $1.64 during mid-day trading on Wednesday, reaching $27.75. The company had a trading volume of 6,355,005 shares, compared to its average volume of 7,038,197. The firm has a 50 day simple moving average of $26.39 and a two-hundred day simple moving average of $30.36. Amplify Junior Silver Miners ETF has a 52-week low of $15.57 and a 52-week high of $41.10. The stock has a market cap of $3.67 billion, a P/E ratio of 25.57 and a beta of 0.90.

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.