Amplify Junior Silver Miners ETF Target of Unusually High Options Trading (NYSEARCA:SILJ)

Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) was the target of some unusual options trading on Friday. Stock investors purchased 10,102 call options on the stock. This represents an increase of 122% compared to the typical volume of 4,543 call options.

Hedge Funds Weigh In On Amplify Junior Silver Miners ETF

A number of large investors have recently bought and sold shares of SILJ. Raymond James & Associates acquired a new position in Amplify Junior Silver Miners ETF during the 1st quarter worth approximately $420,000. Vontobel Holding Ltd. acquired a new position in Amplify Junior Silver Miners ETF during the 1st quarter worth approximately $935,000. Cetera Investment Advisers boosted its position in Amplify Junior Silver Miners ETF by 17.0% during the 1st quarter. Cetera Investment Advisers now owns 74,019 shares of the company’s stock worth $1,042,000 after acquiring an additional 10,738 shares during the last quarter. Flow Traders U.S. LLC boosted its position in Amplify Junior Silver Miners ETF by 134.8% during the 1st quarter. Flow Traders U.S. LLC now owns 60,432 shares of the company’s stock worth $851,000 after acquiring an additional 34,691 shares during the last quarter. Finally, Prelude Capital Management LLC acquired a new position in Amplify Junior Silver Miners ETF during the 1st quarter worth approximately $185,000.

Amplify Junior Silver Miners ETF Stock Performance

Shares of SILJ opened at $11.21 on Friday. The stock has a 50 day simple moving average of $9.49 and a 200 day simple moving average of $9.22. Amplify Junior Silver Miners ETF has a 52-week low of $7.80 and a 52-week high of $12.02. The firm has a market capitalization of $845.23 million, a PE ratio of 0.89 and a beta of 1.29.

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.