Simplex Trading LLC Sells 26,947 Shares of ProShares Ultra Silver $AGQ

Simplex Trading LLC lessened its stake in shares of ProShares Ultra Silver (NYSEARCA:AGQ) by 24.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 81,434 shares of the exchange traded fund’s stock after selling 26,947 shares during the quarter. Simplex Trading LLC owned approximately 0.51% of ProShares Ultra Silver worth $12,632,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Signaturefd LLC acquired a new stake in shares of ProShares Ultra Silver in the 4th quarter worth $31,000. IFP Advisors Inc acquired a new stake in shares of ProShares Ultra Silver in the 4th quarter worth $31,000. Spire Wealth Management acquired a new stake in shares of ProShares Ultra Silver in the 4th quarter worth $50,000. Blue Trust Inc. boosted its position in shares of ProShares Ultra Silver by 86.7% in the 4th quarter. Blue Trust Inc. now owns 491 shares of the exchange traded fund’s stock worth $76,000 after purchasing an additional 228 shares in the last quarter. Finally, Group One Trading LLC acquired a new stake in shares of ProShares Ultra Silver in the 2nd quarter worth $145,000.

ProShares Ultra Silver Price Performance

ProShares Ultra Silver stock opened at $80.54 on Thursday. ProShares Ultra Silver has a 1-year low of $45.38 and a 1-year high of $431.47. The business has a fifty day moving average price of $118.32 and a 200-day moving average price of $148.45.

ProShares Ultra Silver 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.