Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) Shares Gap Down – Time to Sell?

Shares of Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) gapped down prior to trading 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.

Amplify Junior Silver Miners ETF Stock Performance

The stock 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 simple moving average is $29.52 and its 200-day simple moving average is $23.26.

Hedge Funds Weigh In On Amplify Junior Silver Miners ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Veracity Capital LLC raised its stake in Amplify Junior Silver Miners ETF by 3.4% during the 4th quarter. Veracity Capital LLC now owns 16,885 shares of the company’s stock valued at $467,000 after acquiring an additional 555 shares in the last quarter. Hollencrest Capital Management increased its holdings in shares of Amplify Junior Silver Miners ETF by 1.5% during the second quarter. Hollencrest Capital Management now owns 40,611 shares of the company’s stock valued at $601,000 after purchasing an additional 600 shares during the period. Comerica Bank increased its holdings in shares of Amplify Junior Silver Miners ETF by 0.9% during the fourth quarter. Comerica Bank now owns 75,988 shares of the company’s stock valued at $2,103,000 after purchasing an additional 693 shares during the period. Nwam LLC raised its stake in shares of Amplify Junior Silver Miners ETF by 1.2% during the third quarter. Nwam LLC now owns 65,002 shares of the company’s stock valued at $1,501,000 after purchasing an additional 749 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its holdings in Amplify Junior Silver Miners ETF by 14.5% in the third quarter. PNC Financial Services Group Inc. now owns 6,182 shares of the company’s stock worth $143,000 after purchasing an additional 782 shares during the period.

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.