Compass Wealth Management LLC Acquires Shares of 3,221 ProShares Ultra Silver $AGQ

Compass Wealth Management LLC acquired a new position in shares of ProShares Ultra Silver (NYSEARCA:AGQ) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 3,221 shares of the exchange traded fund’s stock, valued at approximately $257,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Simplex Trading LLC grew its stake in shares of 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 in the last quarter. Clear Harbor Asset Management LLC acquired a new stake in ProShares Ultra Silver in the third quarter valued at approximately $2,020,000. EverSource Wealth Advisors LLC acquired a new stake in ProShares Ultra Silver in the second quarter valued at approximately $1,019,000. BNP Paribas Financial Markets purchased a new stake in shares of ProShares Ultra Silver during the second quarter valued at approximately $492,000. Finally, Headlands Technologies LLC lifted its position in shares of ProShares Ultra Silver by 259.5% during the second quarter. Headlands Technologies LLC now owns 13,896 shares of the exchange traded fund’s stock worth $660,000 after purchasing an additional 10,031 shares in the last quarter.

ProShares Ultra Silver Stock Performance

Shares of AGQ stock opened at $158.52 on Friday. The firm has a fifty day simple moving average of $195.19 and a 200-day simple moving average of $118.03. ProShares Ultra Silver has a twelve month low of $31.88 and a twelve month high of $431.47.

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.