ProShares Ultra Silver Sees Unusually High Options Volume (NYSEARCA:AGQ)

ProShares Ultra Silver (NYSEARCA:AGQ) saw unusually large options trading on Friday. Stock investors purchased 8,237 call options on the company. This represents an increase of 44% compared to the average daily volume of 5,731 call options.

Institutional Trading of ProShares Ultra Silver

A number of institutional investors have recently bought and sold shares of the business. Group One Trading LLC increased its stake in ProShares Ultra Silver by 1,826.8% in the third quarter. Group One Trading LLC now owns 58,711 shares of the exchange traded fund’s stock valued at $4,476,000 after purchasing an additional 55,664 shares during the last quarter. Simplex Trading LLC boosted its holdings in shares of ProShares Ultra Silver by 2,095.5% in the 2nd quarter. Simplex Trading LLC now owns 42,395 shares of the exchange traded fund’s stock valued at $2,013,000 after buying an additional 40,464 shares in the last quarter. Clear Harbor Asset Management LLC purchased a new position in shares of ProShares Ultra Silver in the 3rd quarter valued at $2,020,000. Flow Traders U.S. LLC purchased a new position in shares of ProShares Ultra Silver in the 1st quarter valued at $1,176,000. Finally, EverSource Wealth Advisors LLC acquired a new stake in ProShares Ultra Silver during the 2nd quarter worth $1,019,000.

ProShares Ultra Silver Price Performance

ProShares Ultra Silver stock opened at $107.32 on Friday. The firm has a 50-day moving average of $82.59 and a two-hundred day moving average of $62.03. ProShares Ultra Silver has a 1 year low of $31.88 and a 1 year high of $107.37.

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.