Clear Harbor Asset Management LLC Invests $2.02 Million in ProShares Ultra Silver $AGQ

Clear Harbor Asset Management LLC bought a new stake in ProShares Ultra Silver (NYSEARCA:AGQ) during the third quarter, HoldingsChannel reports. The firm bought 26,500 shares of the exchange traded fund’s stock, valued at approximately $2,020,000.

Other large investors have also modified their holdings of the company. Simplex Trading LLC increased its holdings in ProShares Ultra Silver by 2,095.5% in the second 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 during the last quarter. EverSource Wealth Advisors LLC acquired a new position in shares of ProShares Ultra Silver in the 2nd quarter worth approximately $1,019,000. BNP Paribas Financial Markets acquired a new position in shares of ProShares Ultra Silver in the 2nd quarter worth approximately $492,000. Headlands Technologies LLC increased its holdings in shares of ProShares Ultra Silver by 259.5% in the 2nd quarter. Headlands Technologies LLC now owns 13,896 shares of the exchange traded fund’s stock valued at $660,000 after acquiring an additional 10,031 shares during the last quarter. Finally, Brookstone Capital Management acquired a new stake in shares of ProShares Ultra Silver during the 3rd quarter valued at approximately $518,000.

ProShares Ultra Silver Stock Performance

Shares of AGQ opened at $181.92 on Friday. The business’s fifty day moving average price is $122.62 and its 200 day moving average price is $82.92. ProShares Ultra Silver has a 12-month low of $31.88 and a 12-month high of $205.85.

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. 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.