McAlvany Wealth Management LLC Invests $3.64 Million in Amplify Junior Silver Miners ETF $SILJ

McAlvany Wealth Management LLC purchased a new stake in shares of Amplify Junior Silver Miners ETF (NYSEARCA:SILJ) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 133,290 shares of the company’s stock, valued at approximately $3,640,000. Amplify Junior Silver Miners ETF makes up about 2.3% of McAlvany Wealth Management LLC’s investment portfolio, making the stock its 16th biggest position.

Other institutional investors and hedge funds have also modified their holdings of the company. SJS Investment Consulting Inc. bought a new stake in Amplify Junior Silver Miners ETF in the first quarter worth $26,000. Contravisory Investment Management Inc. acquired a new position in Amplify Junior Silver Miners ETF during the fourth quarter worth $25,000. Hurley Capital LLC raised its holdings in Amplify Junior Silver Miners ETF by 187.1% during the fourth quarter. Hurley Capital LLC now owns 913 shares of the company’s stock valued at $25,000 after buying an additional 595 shares in the last quarter. Flagship Harbor Advisors LLC bought a new position in Amplify Junior Silver Miners ETF during the fourth quarter valued at about $29,000. Finally, SouthState Bank Corp acquired a new stake in shares of Amplify Junior Silver Miners ETF in the fourth quarter worth about $32,000.

Amplify Junior Silver Miners ETF Price Performance

Shares of NYSEARCA:SILJ opened at $23.79 on Friday. The stock has a market capitalization of $3.14 billion, a P/E ratio of 25.57 and a beta of 0.88. The business has a 50-day moving average of $27.83 and a two-hundred day moving average of $30.76. Amplify Junior Silver Miners ETF has a fifty-two week low of $14.37 and a fifty-two week 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.