Simplex Trading LLC Cuts Position in ProShares Ultra Silver $AGQ

Simplex Trading LLC lessened its holdings in ProShares Ultra Silver (NYSEARCA:AGQ) by 24.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 81,434 shares of the exchange traded fund’s stock after selling 26,947 shares during the period. Simplex Trading LLC’s holdings in ProShares Ultra Silver were worth $12,632,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of AGQ. Signaturefd LLC purchased a new position in shares of ProShares Ultra Silver in the 4th quarter valued at about $31,000. IFP Advisors Inc purchased a new position in shares of ProShares Ultra Silver in the 4th quarter valued at about $31,000. Spire Wealth Management purchased a new position in shares of ProShares Ultra Silver in the 4th quarter valued at about $50,000. Blue Trust Inc. increased its stake in shares of ProShares Ultra Silver by 86.7% in the 4th quarter. Blue Trust Inc. now owns 491 shares of the exchange traded fund’s stock valued at $76,000 after purchasing an additional 228 shares in the last quarter. Finally, Group One Trading LLC acquired a new stake in ProShares Ultra Silver in the 2nd quarter worth about $145,000.

ProShares Ultra Silver Trading Down 4.5%

AGQ stock opened at $80.54 on Thursday. ProShares Ultra Silver has a 12-month low of $45.38 and a 12-month high of $431.47. The business’s 50-day moving average is $118.32 and its 200 day moving average is $148.45.

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. 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.