Savior LLC cut its position in shares of ProShares Ultra Silver (NYSEARCA:AGQ – Free Report) by 60.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,395 shares of the exchange traded fund’s stock after selling 17,494 shares during the quarter. ProShares Ultra Silver makes up 6.4% of Savior LLC’s investment portfolio, making the stock its 7th largest position. Savior LLC owned about 0.08% of ProShares Ultra Silver worth $1,768,000 at the end of the most recent quarter.
A number of other institutional investors have also modified their holdings of AGQ. Compass Wealth Management LLC purchased a new position in shares of ProShares Ultra Silver during the third quarter valued at approximately $257,000. Clear Harbor Asset Management LLC purchased a new stake in ProShares Ultra Silver in the 3rd quarter worth approximately $2,020,000. Brookstone Capital Management purchased a new stake in ProShares Ultra Silver in the 3rd quarter worth approximately $518,000. SLT Holdings LLC raised its holdings in ProShares Ultra Silver by 115.0% in the 3rd quarter. SLT Holdings LLC now owns 10,750 shares of the exchange traded fund’s stock valued at $820,000 after acquiring an additional 5,750 shares during the last quarter. Finally, Csenge Advisory Group raised its holdings in ProShares Ultra Silver by 54.1% in the 3rd quarter. Csenge Advisory Group now owns 7,926 shares of the exchange traded fund’s stock valued at $604,000 after acquiring an additional 2,783 shares during the last quarter.
ProShares Ultra Silver Price Performance
Shares of ProShares Ultra Silver stock opened at $103.83 on Tuesday. ProShares Ultra Silver has a fifty-two week low of $31.88 and a fifty-two week high of $431.47. The business’s fifty day moving average is $172.73 and its two-hundred day moving average is $134.63.
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.
Further Reading
Want to see what other hedge funds are holding AGQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Ultra Silver (NYSEARCA:AGQ – Free Report).
Receive News & Ratings for ProShares Ultra Silver Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Ultra Silver and related companies with MarketBeat.com's FREE daily email newsletter.
