StoneX Group Inc. Acquires New Shares in ProShares Ultra Silver $AGQ

StoneX Group Inc. acquired a new stake in ProShares Ultra Silver (NYSEARCA:AGQ) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 17,870 shares of the exchange traded fund’s stock, valued at approximately $1,279,000. StoneX Group Inc. owned about 0.09% of ProShares Ultra Silver at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. TB Alternative Assets Ltd. bought a new stake in ProShares Ultra Silver during the 3rd quarter worth approximately $7,962,000. Bullseye Investment Management LLC bought a new position in shares of ProShares Ultra Silver during the second quarter valued at $69,000. Vestor Capital LLC bought a new position in shares of ProShares Ultra Silver during the first quarter valued at $598,000. Legacy Wealth Managment LLC ID bought a new position in shares of ProShares Ultra Silver during the first quarter valued at $332,000. Finally, Anson Funds Management LP acquired a new position in shares of ProShares Ultra Silver during the first quarter worth $744,000.

ProShares Ultra Silver Trading Up 5.4%

Shares of NYSEARCA:AGQ opened at $50.88 on Tuesday. ProShares Ultra Silver has a 52 week low of $42.87 and a 52 week high of $431.47. The firm’s fifty day moving average is $66.06 and its 200-day moving average is $105.32.

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. 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.