ProShares Ultra Silver (AGQ) Shares Sold by Virtu Financial LLC
Virtu Financial LLC lessened its holdings in ProShares Ultra Silver (NYSEARCA:AGQ) by 63.8% during the first quarter, HoldingsChannel.com reports. The fund owned 16,602 shares of the exchange traded fund’s stock after selling 29,197 shares during the period. Virtu Financial LLC’s holdings in ProShares Ultra Silver were worth $406,000 as of its most recent filing with the Securities and Exchange Commission.
Separately, Sowell Financial Services LLC bought a new stake in ProShares Ultra Silver in the 4th quarter valued at $6,996,000.
AGQ opened at $24.02 on Tuesday. ProShares Ultra Silver has a 1-year low of $21.74 and a 1-year high of $34.31.
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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