6,800 Shares in ProShares Ultra Silver $AGQ Purchased by Brookstone Capital Management

Brookstone Capital Management acquired a new stake in shares of ProShares Ultra Silver (NYSEARCA:AGQ) during the 3rd quarter, Holdings Channel reports. The fund acquired 6,800 shares of the exchange traded fund’s stock, valued at approximately $518,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. HighTower Advisors LLC bought a new position in shares of ProShares Ultra Silver in the first quarter worth approximately $219,000. EverSource Wealth Advisors LLC bought a new position in ProShares Ultra Silver in the 2nd quarter valued at approximately $1,019,000. Savior LLC lifted its position in ProShares Ultra Silver by 7.6% in the 2nd quarter. Savior LLC now owns 27,470 shares of the exchange traded fund’s stock valued at $1,305,000 after acquiring an additional 1,947 shares in the last quarter. Simplex Trading LLC boosted its stake in ProShares Ultra Silver by 2,095.5% during the 2nd quarter. Simplex Trading LLC now owns 42,395 shares of the exchange traded fund’s stock valued at $2,013,000 after purchasing an additional 40,464 shares during the last quarter. Finally, Everstar Asset Management LLC bought a new stake in shares of ProShares Ultra Silver in the 1st quarter worth $866,000.

ProShares Ultra Silver Stock Up 9.5%

Shares of NYSEARCA:AGQ opened at $182.16 on Wednesday. ProShares Ultra Silver has a 1 year low of $31.88 and a 1 year high of $200.62. The stock’s fifty day moving average price is $108.99 and its 200-day moving average price is $77.16.

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.