ProShares Ultra Silver $AGQ Shares Purchased by Simplex Trading LLC

Simplex Trading LLC raised its stake in ProShares Ultra Silver (NYSEARCA:AGQ) by 2,095.5% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 42,395 shares of the exchange traded fund’s stock after acquiring an additional 40,464 shares during the period. Simplex Trading LLC’s holdings in ProShares Ultra Silver were worth $2,013,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of AGQ. Flow Traders U.S. LLC bought a new stake in shares of ProShares Ultra Silver during the 1st quarter worth $1,176,000. Everstar Asset Management LLC acquired a new stake in shares of ProShares Ultra Silver during the first quarter worth $866,000. Schnieders Capital Management LLC purchased a new stake in shares of ProShares Ultra Silver during the first quarter valued at $385,000. Faithward Advisors LLC purchased a new stake in shares of ProShares Ultra Silver during the first quarter valued at $252,000. Finally, Csenge Advisory Group acquired a new position in shares of ProShares Ultra Silver in the 1st quarter valued at $237,000.

ProShares Ultra Silver Stock Performance

NYSEARCA AGQ opened at $79.35 on Friday. The stock’s 50-day moving average price is $74.02 and its two-hundred day moving average price is $56.66. ProShares Ultra Silver has a 1 year low of $31.88 and a 1 year high of $98.97.

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.