Group One Trading LLC trimmed its stake in ProShares Ultra Silver (NYSEARCA:AGQ – Free Report) by 24.6% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 67,835 shares of the exchange traded fund’s stock after selling 22,189 shares during the quarter. Group One Trading LLC owned 0.43% of ProShares Ultra Silver worth $8,107,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also made changes to their positions in the stock. Signaturefd LLC acquired a new position in ProShares Ultra Silver in the 4th quarter valued at approximately $31,000. IFP Advisors Inc purchased a new stake in ProShares Ultra Silver in the 4th quarter worth approximately $31,000. Spire Wealth Management acquired a new stake in shares of ProShares Ultra Silver during the 4th quarter valued at $50,000. Blue Trust Inc. boosted its stake in shares of ProShares Ultra Silver by 86.7% during the 4th quarter. Blue Trust Inc. now owns 491 shares of the exchange traded fund’s stock valued at $76,000 after buying an additional 228 shares during the period. Finally, Caitlin John LLC purchased a new position in shares of ProShares Ultra Silver during the 4th quarter valued at $76,000.
ProShares Ultra Silver Stock Up 3.2%
NYSEARCA AGQ opened at $68.20 on Thursday. ProShares Ultra Silver has a 1-year low of $47.79 and a 1-year high of $431.47. The firm’s fifty day simple moving average is $87.90 and its 200-day simple moving average is $136.06.
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.
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