|Bid||0.00 x 1400|
|Ask||0.00 x 1800|
|Day's Range||15.84 - 16.26|
|52 Week Range||8.20 - 18.84|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-1.59%|
|Beta (5Y Monthly)||1.68|
|Expense Ratio (net)||0.69%|
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.