Advisory Alpha LLC Makes New Investment in ProShares Ultra Silver (NYSEARCA:AGQ)

Advisory Alpha LLC acquired a new stake in shares of ProShares Ultra Silver (NYSEARCA:AGQ) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 13,350 shares of the exchange traded fund’s stock, valued at approximately $495,000. Advisory Alpha LLC owned 0.10% of ProShares Ultra Silver as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in AGQ. Insigneo Advisory Services LLC acquired a new position in shares of ProShares Ultra Silver in the second quarter worth about $918,000. Keynote Financial Services LLC purchased a new position in shares of ProShares Ultra Silver during the 1st quarter valued at approximately $817,000. Beaird Harris Wealth Management LLC acquired a new stake in shares of ProShares Ultra Silver during the second quarter worth approximately $62,000. New Harbor Financial Group LLC bought a new stake in shares of ProShares Ultra Silver in the second quarter worth $321,000. Finally, Quadrature Capital Ltd acquired a new stake in ProShares Ultra Silver in the first quarter valued at $3,995,000.

ProShares Ultra Silver Trading Up 1.3 %

NYSEARCA AGQ opened at $40.96 on Wednesday. The company’s fifty day moving average price is $36.20 and its two-hundred day moving average price is $36.77. ProShares Ultra Silver has a 12 month low of $21.30 and a 12 month high of $47.28.

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.