Amplify Junior Silver Miners ETF Sees Unusually Large Options Volume (NYSEARCA:SILJ)

Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) was the target of some unusual options trading on Wednesday. Stock traders purchased 56,831 call options on the company. This is an increase of approximately 32% compared to the average volume of 42,957 call options.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Client First Investment Management LLC purchased a new stake in Amplify Junior Silver Miners ETF in the 4th quarter valued at approximately $4,654,000. Prospera Financial Services Inc raised its stake in shares of Amplify Junior Silver Miners ETF by 251.8% during the 4th quarter. Prospera Financial Services Inc now owns 48,340 shares of the company’s stock worth $1,338,000 after buying an additional 34,598 shares in the last quarter. Realta Investment Advisors acquired a new stake in shares of Amplify Junior Silver Miners ETF in the 1st quarter valued at approximately $3,877,000. Kingsview Wealth Management LLC boosted its stake in shares of Amplify Junior Silver Miners ETF by 2,720.4% in the fourth quarter. Kingsview Wealth Management LLC now owns 268,193 shares of the company’s stock valued at $7,421,000 after buying an additional 258,684 shares in the last quarter. Finally, HB Wealth Management LLC purchased a new stake in shares of Amplify Junior Silver Miners ETF in the first quarter valued at approximately $916,000.

Amplify Junior Silver Miners ETF Stock Up 6.3%

Shares of NYSEARCA SILJ traded up $1.64 during mid-day trading on Wednesday, hitting $27.75. 6,355,005 shares of the company were exchanged, compared to its average volume of 7,038,197. The firm has a market cap of $3.67 billion, a price-to-earnings ratio of 25.57 and a beta of 0.90. The stock has a 50 day simple moving average of $26.39 and a 200-day simple moving average of $30.36. Amplify Junior Silver Miners ETF has a 1-year low of $15.57 and a 1-year high of $41.10.

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.