ETFMG Prime 2x Daily Junior Silver Miners ETF (NYSEARCA:SILX – Get Rating)’s share price traded down 2% during mid-day trading on Wednesday . The stock traded as low as $1.89 and last traded at $1.95. 138,414 shares changed hands during trading, an increase of 15% from the average session volume of 120,326 shares. The stock had previously closed at $1.99.
ETFMG Prime 2x Daily Junior Silver Miners ETF Stock Performance
The company’s 50-day moving average price is $2.41 and its 200-day moving average price is $2.53.
Institutional Investors Weigh In On ETFMG Prime 2x Daily Junior Silver Miners ETF
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. UBS Group AG purchased a new stake in ETFMG Prime 2x Daily Junior Silver Miners ETF in the first quarter valued at $194,000. 180 Wealth Advisors LLC lifted its position in ETFMG Prime 2x Daily Junior Silver Miners ETF by 25.5% in the first quarter. 180 Wealth Advisors LLC now owns 53,719 shares of the company’s stock valued at $143,000 after acquiring an additional 10,909 shares during the last quarter. Jane Street Group LLC purchased a new stake in ETFMG Prime 2x Daily Junior Silver Miners ETF in the first quarter valued at $104,000. Two Sigma Securities LLC purchased a new stake in ETFMG Prime 2x Daily Junior Silver Miners ETF in the first quarter valued at $77,000. Finally, Cresset Asset Management LLC purchased a new stake in ETFMG Prime 2x Daily Junior Silver Miners ETF in the first quarter valued at $39,000.
About ETFMG Prime 2x Daily Junior Silver Miners ETF
The ETFMG Prime 2x Daily Junior Silver Miners ETF (SILX) is an exchange-traded fund that mostly invests in materials equity. The fund tracks 2x the daily price movements of an index of small-cap silver mining and exploration companies. SILX was launched on Jun 15, 2021 and is managed by ETF Managers Group.
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