ProShares Ultra Silver (NYSEARCA:AGQ) Shares Up 5.9%

ProShares Ultra Silver (NYSEARCA:AGQ)’s stock price rose 5.9% on Friday . The company traded as high as $43.13 and last traded at $42.99. Approximately 1,328,067 shares traded hands during trading, a decline of 10% from the average daily volume of 1,483,368 shares. The stock had previously closed at $40.59.

ProShares Ultra Silver Stock Performance

The stock’s 50 day moving average is $38.70 and its two-hundred day moving average is $31.66.

Institutional Trading of ProShares Ultra Silver

Large investors have recently bought and sold shares of the business. Tower Research Capital LLC TRC lifted its stake in shares of ProShares Ultra Silver by 341.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 2,298 shares of the exchange traded fund’s stock worth $62,000 after acquiring an additional 1,778 shares during the period. Quadrature Capital Ltd acquired a new stake in shares of ProShares Ultra Silver in the 3rd quarter worth $226,000. HTLF Bank acquired a new stake in shares of ProShares Ultra Silver in the 4th quarter worth $367,000. Simplex Trading LLC lifted its stake in shares of ProShares Ultra Silver by 121.3% in the 1st quarter. Simplex Trading LLC now owns 49,896 shares of the exchange traded fund’s stock worth $1,434,000 after acquiring an additional 27,352 shares during the period. Finally, IMC Chicago LLC acquired a new stake in shares of ProShares Ultra Silver in the 4th quarter worth $762,000.

About ProShares Ultra Silver

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.