Quadrature Capital Ltd Takes $2.57 Million Position in ProShares Ultra Silver (NYSEARCA:AGQ)

Quadrature Capital Ltd acquired a new position in ProShares Ultra Silver (NYSEARCA:AGQ) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 63,441 shares of the exchange traded fund’s stock, valued at approximately $2,566,000.

Other hedge funds have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC increased its holdings in ProShares Ultra Silver by 3,943.8% in the third quarter. International Assets Investment Management LLC now owns 1,294 shares of the exchange traded fund’s stock worth $52,000 after buying an additional 1,262 shares during the last quarter. Strategic Investment Solutions Inc. IL acquired a new position in ProShares Ultra Silver in the third quarter worth approximately $61,000. Beaird Harris Wealth Management LLC acquired a new position in ProShares Ultra Silver in the second quarter worth approximately $62,000. Hollencrest Capital Management boosted its position in ProShares Ultra Silver by 8.5% during the third quarter. Hollencrest Capital Management now owns 5,041 shares of the exchange traded fund’s stock worth $204,000 after purchasing an additional 395 shares during the period. Finally, HighTower Advisors LLC bought a new stake in ProShares Ultra Silver during the third quarter worth approximately $292,000.

ProShares Ultra Silver Stock Down 2.1 %

Shares of ProShares Ultra Silver stock opened at $39.10 on Friday. The stock has a 50 day moving average price of $41.32 and a two-hundred day moving average price of $39.15. ProShares Ultra Silver has a 12-month low of $22.79 and a 12-month high of $50.13.

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.