Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) Shares Gap Down – What’s Next?

Amplify Junior Silver Miners ETF (NYSEARCA:SILJ)’s share price gapped down before the market opened on Friday . The stock had previously closed at $12.02, but opened at $11.76. Amplify Junior Silver Miners ETF shares last traded at $11.75, with a volume of 465,145 shares trading hands.

Amplify Junior Silver Miners ETF Stock Performance

The company has a market cap of $881.43 million, a P/E ratio of 0.87 and a beta of 1.29. The firm’s 50-day simple moving average is $12.90 and its 200 day simple moving average is $12.35.

Institutional Trading of Amplify Junior Silver Miners ETF

A number of institutional investors and hedge funds have recently modified their holdings of SILJ. National Bank of Canada FI grew its holdings in Amplify Junior Silver Miners ETF by 61.5% during the third quarter. National Bank of Canada FI now owns 5,759 shares of the company’s stock valued at $74,000 after purchasing an additional 2,192 shares during the period. JTC Employer Solutions Trustee Ltd bought a new position in shares of Amplify Junior Silver Miners ETF during the third quarter worth $107,000. Banque Cantonale Vaudoise acquired a new position in shares of Amplify Junior Silver Miners ETF in the 2nd quarter valued at $136,000. J.W. Cole Advisors Inc. bought a new stake in shares of Amplify Junior Silver Miners ETF in the 3rd quarter valued at $173,000. Finally, 180 Wealth Advisors LLC acquired a new stake in Amplify Junior Silver Miners ETF during the 2nd quarter worth $182,000.

Amplify Junior Silver Miners ETF Company 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.