ProShares Ultra Silver (NYSEARCA:AGQ) Shares Gap Up – Here’s What Happened

Posted by Joseph Casey on Mar 18th, 2025

ProShares Ultra Silver (NYSEARCA:AGQ – Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $45.25, but opened at $46.48. ProShares Ultra Silver shares last traded at $46.03, with a volume of 530,670 shares.

ProShares Ultra Silver Trading Up 1.1 %

The business has a 50-day simple moving average of $40.39 and a 200 day simple moving average of $39.77.

Hedge Funds Weigh In On ProShares Ultra Silver

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Advisory Alpha LLC grew its stake in ProShares Ultra Silver by 1.9% in the fourth quarter. Advisory Alpha LLC now owns 18,091 shares of the exchange traded fund’s stock worth $609,000 after purchasing an additional 341 shares during the period. HM Payson & Co. bought a new stake in shares of ProShares Ultra Silver during the 4th quarter valued at $39,000. JPMorgan Chase & Co. purchased a new stake in shares of ProShares Ultra Silver in the 3rd quarter worth about $110,000. HighTower Advisors LLC purchased a new stake in shares of ProShares Ultra Silver in the 3rd quarter worth about $292,000. Finally, Seaview Investment Managers LLC bought a new position in shares of ProShares Ultra Silver in the 4th quarter worth about $269,000.

About ProShares Ultra Silver

(Get Free Report)

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.