Hollencrest Capital Management lowered its stake in shares of ProShares Ultra Silver (NYSEARCA:AGQ – Free Report) by 12.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,646 shares of the exchange traded fund’s stock after selling 670 shares during the quarter. Hollencrest Capital Management’s holdings in ProShares Ultra Silver were worth $172,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds also recently added to or reduced their stakes in AGQ. New Harbor Financial Group LLC purchased a new position in ProShares Ultra Silver in the second quarter worth $321,000. Keynote Financial Services LLC acquired a new position in ProShares Ultra Silver during the 1st quarter valued at about $817,000. Simplex Trading LLC raised its stake in ProShares Ultra Silver by 121.3% in the first quarter. Simplex Trading LLC now owns 49,896 shares of the exchange traded fund’s stock valued at $1,434,000 after buying an additional 27,352 shares during the last quarter. Finally, Quadrature Capital Ltd acquired a new stake in ProShares Ultra Silver in the first quarter worth about $3,995,000.
ProShares Ultra Silver Stock Performance
AGQ opened at $40.62 on Friday. The firm’s 50-day moving average price is $35.81 and its 200-day moving average price is $35.99. ProShares Ultra Silver has a 52-week low of $21.30 and a 52-week high of $47.28.
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.
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