ProShares Ultra Silver $AGQ Stake Cut by IMC Chicago LLC

IMC Chicago LLC cut its holdings in shares of ProShares Ultra Silver (NYSEARCA:AGQ) by 42.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 80,584 shares of the exchange traded fund’s stock after selling 58,413 shares during the quarter. IMC Chicago LLC owned 0.62% of ProShares Ultra Silver worth $6,144,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Wealth Management Nebraska purchased a new stake in shares of ProShares Ultra Silver in the third quarter worth approximately $312,000. Foundations Investment Advisors LLC lifted its position in ProShares Ultra Silver by 115.0% in the 3rd quarter. Foundations Investment Advisors LLC now owns 10,750 shares of the exchange traded fund’s stock worth $820,000 after buying an additional 5,750 shares in the last quarter. Hollencrest Capital Management lifted its position in ProShares Ultra Silver by 12.4% in the 3rd quarter. Hollencrest Capital Management now owns 5,912 shares of the exchange traded fund’s stock worth $451,000 after buying an additional 650 shares in the last quarter. Compass Wealth Management LLC acquired a new stake in shares of ProShares Ultra Silver during the 3rd quarter valued at $257,000. Finally, Csenge Advisory Group grew its holdings in shares of ProShares Ultra Silver by 54.1% during the 3rd quarter. Csenge Advisory Group now owns 7,926 shares of the exchange traded fund’s stock valued at $604,000 after acquiring an additional 2,783 shares in the last quarter.

ProShares Ultra Silver Stock Up 5.6%

NYSEARCA AGQ opened at $175.49 on Thursday. ProShares Ultra Silver has a 1-year low of $31.88 and a 1-year high of $431.47. The firm’s fifty day simple moving average is $189.51 and its 200-day simple moving average is $111.23.

ProShares Ultra Silver Company Profile

ProShares Ultra Silver (the Fund) seeks to provide daily investment results that correspond to twice (200%) the daily performance as measured by the United States dollar fixing price for delivery in London. The Fund will not directly or physically hold the underlying silver, but instead will seek exposure to silver through the use of financial instruments, whose value is based on the underlying price of silver to pursue their investment objective. The benchmark price of silver will be the United States dollar price of silver bullion as measured by the London fixing price per troy ounce of unallocated silver bullion for delivery in London through a member of the London Bullion Market Association (LBMA) authorized to effect such delivery.