ProShares Ultra Silver $AGQ Shares Purchased by Hoey Investments Inc.

Hoey Investments Inc. increased its holdings in shares of ProShares Ultra Silver (NYSEARCA:AGQ) by 767.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,099 shares of the exchange traded fund’s stock after buying an additional 8,050 shares during the quarter. Hoey Investments Inc. owned about 0.06% of ProShares Ultra Silver worth $1,087,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in AGQ. IFP Advisors Inc purchased a new stake in ProShares Ultra Silver in the 4th quarter valued at about $31,000. Signaturefd LLC purchased a new position in shares of ProShares Ultra Silver during the 4th quarter worth about $31,000. Spire Wealth Management acquired a new stake in shares of ProShares Ultra Silver in the fourth quarter worth approximately $50,000. Caitlin John LLC acquired a new stake in shares of ProShares Ultra Silver in the fourth quarter worth approximately $76,000. Finally, Blue Trust Inc. grew its holdings in ProShares Ultra Silver by 86.7% in the fourth quarter. Blue Trust Inc. now owns 491 shares of the exchange traded fund’s stock valued at $76,000 after purchasing an additional 228 shares during the period.

ProShares Ultra Silver Stock Down 2.2%

Shares of AGQ stock opened at $73.07 on Tuesday. ProShares Ultra Silver has a one year low of $47.78 and a one year high of $431.47. The company has a 50 day moving average price of $102.71 and a 200 day moving average price of $144.23.

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. 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.