IFP Advisors Inc Sells 90,654 Shares of ETFMG Prime Junior Silver Miners ETF (NYSEARCA:SILJ)

IFP Advisors Inc reduced its stake in ETFMG Prime Junior Silver Miners ETF (NYSEARCA:SILJ – Get Rating) by 95.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,988 shares of the company’s stock after selling 90,654 shares during the period. IFP Advisors Inc’s holdings in ETFMG Prime Junior Silver Miners ETF were worth $45,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in SILJ. OLD Mission Capital LLC bought a new stake in ETFMG Prime Junior Silver Miners ETF during the 3rd quarter worth approximately $382,000. Financial Sense Advisors Inc. purchased a new stake in shares of ETFMG Prime Junior Silver Miners ETF in the fourth quarter worth $150,000. Dubuque Bank & Trust Co. boosted its stake in ETFMG Prime Junior Silver Miners ETF by 2.9% during the fourth quarter. Dubuque Bank & Trust Co. now owns 70,834 shares of the company’s stock valued at $747,000 after buying an additional 2,000 shares during the period. International Assets Investment Management LLC purchased a new position in ETFMG Prime Junior Silver Miners ETF during the fourth quarter worth about $719,000. Finally, Sigma Planning Corp increased its stake in ETFMG Prime Junior Silver Miners ETF by 111.1% in the 3rd quarter. Sigma Planning Corp now owns 48,282 shares of the company’s stock worth $440,000 after acquiring an additional 25,405 shares during the last quarter.

ETFMG Prime Junior Silver Miners ETF Trading Up 0.1 %

Shares of NYSEARCA SILJ opened at $10.27 on Thursday. The business has a 50-day moving average of $10.85 and a 200-day moving average of $10.67. The firm has a market capitalization of $681.41 million, a price-to-earnings ratio of 12.58 and a beta of 1.33. ETFMG Prime Junior Silver Miners ETF has a 12 month low of $8.01 and a 12 month high of $12.20.

About ETFMG Prime Junior Silver Miners ETF

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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.