ProShares Ultra Silver (NYSEARCA:AGQ) Shares Gap Up to $34.50

ProShares Ultra Silver (NYSEARCA:AGQ) gapped up before the market opened on Thursday . The stock had previously closed at $34.50, but opened at $35.86. ProShares Ultra Silver shares last traded at $36.19, with a volume of 617,869 shares.

ProShares Ultra Silver Stock Up 8.2 %

The stock has a 50 day moving average of $36.15 and a two-hundred day moving average of $35.35.

Institutional Trading of ProShares Ultra Silver

Institutional investors and hedge funds have recently bought and sold shares of the business. Beaird Harris Wealth Management LLC bought a new position in ProShares Ultra Silver during the 2nd quarter valued at $62,000. New Harbor Financial Group LLC acquired a new position in ProShares Ultra Silver in the second quarter worth $321,000. Advisory Alpha LLC bought a new stake in ProShares Ultra Silver during the second quarter valued at $495,000. IMC Chicago LLC bought a new position in shares of ProShares Ultra Silver in the 4th quarter worth about $762,000. Finally, Keynote Financial Services LLC acquired a new position in ProShares Ultra Silver during the 1st quarter worth $817,000.

ProShares Ultra Silver Company 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.