HTLF Bank Makes New Investment in ProShares Ultra Silver (NYSEARCA:AGQ)

HTLF Bank purchased a new stake in ProShares Ultra Silver (NYSEARCA:AGQ) during the 4th quarter, HoldingsChannel reports. The fund purchased 13,515 shares of the exchange traded fund’s stock, valued at approximately $367,000.

A number of other institutional investors also recently modified their holdings of the business. Axxcess Wealth Management LLC bought a new stake in shares of ProShares Ultra Silver during the 3rd quarter valued at $701,000. Quadrature Capital Ltd bought a new position in shares of ProShares Ultra Silver in the third quarter valued at approximately $226,000. Simplex Trading LLC grew its stake in ProShares Ultra Silver by 459.2% during the third quarter. Simplex Trading LLC now owns 63,266 shares of the exchange traded fund’s stock valued at $1,556,000 after acquiring an additional 51,952 shares in the last quarter. Dubuque Bank & Trust Co purchased a new stake in ProShares Ultra Silver in the 3rd quarter worth approximately $259,000. Finally, GTS Securities LLC purchased a new stake in ProShares Ultra Silver in the 2nd quarter worth approximately $790,000.

ProShares Ultra Silver Stock Performance

AGQ opened at $37.86 on Friday. ProShares Ultra Silver has a one year low of $21.30 and a one year high of $40.83. The company has a fifty day moving average price of $29.24 and a 200-day moving average price of $27.15.

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.