Traders Purchase High Volume of Call Options on Amplify Junior Silver Miners ETF (NYSEARCA:SILJ)

Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) was the recipient of some unusual options trading activity on Thursday. Stock investors acquired 97,070 call options on the stock. This is an increase of approximately 104% compared to the typical daily volume of 47,473 call options.

Hedge Funds Weigh In On Amplify Junior Silver Miners ETF

Several institutional investors have recently bought and sold shares of the stock. Abbington Investment Group acquired a new stake in Amplify Junior Silver Miners ETF in the 3rd quarter worth approximately $649,000. Y Intercept Hong Kong Ltd acquired a new stake in shares of Amplify Junior Silver Miners ETF in the second quarter worth $1,327,000. Silver Oak Securities Incorporated bought a new stake in shares of Amplify Junior Silver Miners ETF during the 3rd quarter worth $537,000. MGO One Seven LLC acquired a new position in Amplify Junior Silver Miners ETF in the 3rd quarter valued at $387,000. Finally, Capital Fund Management S.A. bought a new position in Amplify Junior Silver Miners ETF in the 2nd quarter worth $2,355,000.

Amplify Junior Silver Miners ETF Stock Up 7.7%

SILJ stock opened at $37.63 on Friday. The firm has a 50 day moving average of $27.92 and a two-hundred day moving average of $22.45. Amplify Junior Silver Miners ETF has a 12 month low of $10.01 and a 12 month high of $37.79. The company has a market capitalization of $5.50 billion, a price-to-earnings ratio of 25.57 and a beta of 0.79.

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.