Previous Close | 16.02 |
Open | 16.25 |
Bid | 0.00 x 1400 |
Ask | 0.00 x 1800 |
Day's Range | 15.84 - 16.26 |
52 Week Range | 8.20 - 18.84 |
Volume | 1,273,931 |
Avg. Volume | 1,872,591 |
Net Assets | 813.66M |
NAV | 15.94 |
PE Ratio (TTM) | N/A |
Yield | 1.30% |
YTD Daily Total Return | -1.59% |
Beta (5Y Monthly) | 1.68 |
Expense Ratio (net) | 0.69% |
Inception Date | 2012-11-28 |
The iShares Silver Trust ETF was the linchpin for this past week's rally in silver. Here's why it fizzled out.
Silver miner exchange-traded funds (ETFs) provide exposure to companies that produce silver, which is valued as both an industrial metal and a precious metal. These companies are engaged in the acquisition, exploration, development, and production of silver and other metals such as lead, copper, or gold.
ETF Managers Group LLC ("ETFMG"), a leading thematic ETF issuer, announces that the first thematic product brought to market by the issuer, the ETFMG Prime Junior Silver Miners ETF (NYSE Arca: SILJ), has exceeded a significant milestone of $300 million* in assets under management. The first to market product targets small cap silver miners and has enjoyed asset inflows equating to a +341%** increase year over year. SILJ, which launched in November 2012, remains the first and only ETF to provide direct exposure to the silver mining exploration and production industry.