ProShares Ultra Silver $AGQ Shares Bought by Hoey Investments Inc.

Hoey Investments Inc. raised its position in ProShares Ultra Silver (NYSEARCA:AGQ) by 767.4% during the first quarter, HoldingsChannel.com reports. The firm owned 9,099 shares of the exchange traded fund’s stock after buying an additional 8,050 shares during the quarter. Hoey Investments Inc.’s holdings in ProShares Ultra Silver were worth $1,087,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. BNP Paribas Financial Markets acquired a new stake in ProShares Ultra Silver during the 2nd quarter worth approximately $492,000. Group One Trading LLC acquired a new position in ProShares Ultra Silver during the second quarter valued at approximately $145,000. Headlands Technologies LLC grew its stake in ProShares Ultra Silver by 259.5% during the second quarter. Headlands Technologies LLC now owns 13,896 shares of the exchange traded fund’s stock worth $660,000 after buying an additional 10,031 shares during the period. Osaic Holdings Inc. grew its stake in ProShares Ultra Silver by 8.9% during the second quarter. Osaic Holdings Inc. now owns 4,220 shares of the exchange traded fund’s stock worth $200,000 after buying an additional 345 shares during the period. Finally, Flow Traders U.S. LLC acquired a new stake in shares of ProShares Ultra Silver in the third quarter worth $665,000.

ProShares Ultra Silver Stock Performance

NYSEARCA:AGQ opened at $73.07 on Tuesday. The firm’s fifty day simple moving average is $102.71 and its 200 day simple moving average is $144.23. ProShares Ultra Silver has a twelve month low of $47.78 and a twelve month high of $431.47.

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.