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

Amplify Junior Silver Miners ETF (NYSEARCA:SILJ)’s share price gapped down prior to trading 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.

Amplify Junior Silver Miners ETF Trading Down 2.7 %

The firm has a 50-day moving average of $12.90 and a two-hundred day moving average of $12.35. The firm has a market cap of $881.43 million, a price-to-earnings ratio of 0.87 and a beta of 1.29.

Hedge Funds Weigh In On Amplify Junior Silver Miners ETF

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

About Amplify Junior Silver Miners ETF

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.