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 $37.42, but opened at $33.15. Amplify Junior Silver Miners ETF shares last traded at $34.3210, with a volume of 3,780,068 shares changing hands.

Amplify Junior Silver Miners ETF Stock Performance

The company has a market capitalization of $5.35 billion, a price-to-earnings ratio of 25.57 and a beta of 0.79. The business’s 50 day moving average price is $29.52 and its two-hundred day moving average price is $23.26.

Hedge Funds Weigh In On Amplify Junior Silver Miners ETF

Several large investors have recently made changes to their positions in SILJ. Veracity Capital LLC raised its holdings in shares of Amplify Junior Silver Miners ETF by 3.4% in the 4th quarter. Veracity Capital LLC now owns 16,885 shares of the company’s stock worth $467,000 after purchasing an additional 555 shares in the last quarter. Hollencrest Capital Management grew its position in Amplify Junior Silver Miners ETF by 1.5% in the second quarter. Hollencrest Capital Management now owns 40,611 shares of the company’s stock worth $601,000 after buying an additional 600 shares during the last quarter. Comerica Bank increased its holdings in shares of Amplify Junior Silver Miners ETF by 0.9% in the fourth quarter. Comerica Bank now owns 75,988 shares of the company’s stock valued at $2,103,000 after buying an additional 693 shares in the last quarter. Nwam LLC lifted its position in shares of Amplify Junior Silver Miners ETF by 1.2% during the 3rd quarter. Nwam LLC now owns 65,002 shares of the company’s stock valued at $1,501,000 after acquiring an additional 749 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in shares of Amplify Junior Silver Miners ETF by 14.5% during the 3rd quarter. PNC Financial Services Group Inc. now owns 6,182 shares of the company’s stock worth $143,000 after acquiring an additional 782 shares in the last quarter.

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.