Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) Trading Down 3.2%

Shares of Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) dropped 3.2% during mid-day trading on Monday . The company traded as low as $12.83 and last traded at $12.85. Approximately 521,805 shares traded hands during trading, a decline of 73% from the average daily volume of 1,915,491 shares. The stock had previously closed at $13.27.

Amplify Junior Silver Miners ETF Stock Performance

The stock has a fifty day moving average of $12.04 and a 200-day moving average of $11.65. The company has a market cap of $969.64 million, a PE ratio of 0.87 and a beta of 1.29.

Institutional Investors Weigh In On Amplify Junior Silver Miners ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. J.W. Cole Advisors Inc. purchased a new stake in shares of Amplify Junior Silver Miners ETF in the 1st quarter worth $112,000. Banque Cantonale Vaudoise bought a new stake in shares of Amplify Junior Silver Miners ETF in the 2nd quarter valued at about $136,000. New Harbor Financial Group LLC bought a new position in shares of Amplify Junior Silver Miners ETF during the first quarter valued at approximately $144,000. 180 Wealth Advisors LLC purchased a new position in Amplify Junior Silver Miners ETF during the second quarter valued at approximately $182,000. Finally, Southland Equity Partners LLC raised its stake in Amplify Junior Silver Miners ETF by 56.0% in the first quarter. Southland Equity Partners LLC now owns 20,788 shares of the company’s stock worth $206,000 after buying an additional 7,464 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.