27.62000 USD
0.5
1.78%
Last update Dec 12, 3:59 PM EST
Market closed
Day range
26.97000
28.97000
Previous close
28.12000
Open
28.89000
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Amplify Junior Silver Miners ETF
27.62
0.50
1.78%

Overview

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Description

The Amplify Junior Silver Miners ETF is an exchange-traded fund that primarily focuses on investing in globally diversified junior and small-cap silver mining companies. Its primary function is to offer investors exposure to the high-growth segment of the precious metals mining industry. The ETF is particularly concentrated on companies that explore, mine, and refine silver, often alongside other metals such as gold and copper to a lesser extent. Notable for its focus on smaller miners, the ETF provides a way to capitalize on the early-stage production segment, characterized by potentially higher volatility and returns compared to more established mining counterparts. It significantly impacts sectors engaged in precious metal extraction and related industrial activities. The Amplify Junior Silver Miners ETF plays a critical role by providing liquidity and diversification to portfolios looking to hedge against inflation or seeking alternative investments uncorrelated to traditional equities and bonds. It holds a crucial position within the financial markets for investors seeking both speculative opportunities and sector-specific diversification in the mining industry.

About

Address
Phone
(630) 464-7600
Website
Instrument type
ETF
Country
United States
MIC code
ARCX
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