StoneX Group Inc. Makes New Investment in ProShares Ultra Silver $AGQ

StoneX Group Inc. bought a new position in shares of ProShares Ultra Silver (NYSEARCA:AGQ) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 17,870 shares of the exchange traded fund’s stock, valued at approximately $1,279,000.

Other large investors have also bought and sold shares of the company. Pilgrim Partners Asia Pte Ltd increased its stake in ProShares Ultra Silver by 20.0% in the third quarter. Pilgrim Partners Asia Pte Ltd now owns 6,600 shares of the exchange traded fund’s stock valued at $442,000 after purchasing an additional 1,100 shares in the last quarter. Compass Wealth Management LLC bought a new position in shares of ProShares Ultra Silver during the 3rd quarter worth about $68,000. Integrated Advisors Network LLC bought a new position in shares of ProShares Ultra Silver during the 3rd quarter worth about $563,000. TB Alternative Assets Ltd. bought a new position in shares of ProShares Ultra Silver during the 3rd quarter worth about $7,962,000. Finally, Bullseye Investment Management LLC acquired a new stake in shares of ProShares Ultra Silver in the 2nd quarter valued at about $69,000.

ProShares Ultra Silver Stock Up 5.4%

Shares of ProShares Ultra Silver stock opened at $50.88 on Tuesday. ProShares Ultra Silver has a one year low of $42.87 and a one year high of $431.47. The business has a 50-day simple moving average of $66.06 and a 200 day simple moving average of $105.32.

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.