Brookstone Capital Management Takes Position in Amplify Junior Silver Miners ETF $SILJ

Brookstone Capital Management purchased a new position in Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) in the first quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 44,151 shares of the company’s stock, valued at approximately $1,312,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SILJ. Royal Bank of Canada boosted its stake in Amplify Junior Silver Miners ETF by 151.5% during the first quarter. Royal Bank of Canada now owns 333,551 shares of the company’s stock valued at $4,042,000 after buying an additional 200,940 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in Amplify Junior Silver Miners ETF during the first quarter valued at approximately $149,000. Northwestern Mutual Wealth Management Co. acquired a new position in Amplify Junior Silver Miners ETF in the second quarter worth approximately $58,000. Cerity Partners LLC bought a new position in shares of Amplify Junior Silver Miners ETF in the second quarter valued at $300,000. Finally, Qube Research & Technologies Ltd grew its holdings in shares of Amplify Junior Silver Miners ETF by 666.7% in the 2nd quarter. Qube Research & Technologies Ltd now owns 456,124 shares of the company’s stock worth $6,751,000 after acquiring an additional 396,631 shares during the last quarter.

Amplify Junior Silver Miners ETF Stock Up 2.6%

Shares of NYSEARCA SILJ opened at $25.55 on Friday. The stock’s fifty day simple moving average is $29.54 and its 200 day simple moving average is $31.06. The stock has a market capitalization of $3.38 billion, a price-to-earnings ratio of 25.57 and a beta of 0.84. Amplify Junior Silver Miners ETF has a 52-week low of $14.21 and a 52-week high of $41.10.

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.