ProShares Ultra Silver (NYSEARCA:AGQ) Stock Pass Above 200 Day Moving Average of $25.62

Shares of ProShares Ultra Silver (NYSEARCA:AGQ – Get Rating) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $25.62 and traded as high as $26.02. ProShares Ultra Silver shares last traded at $25.43, with a volume of 658,368 shares.

ProShares Ultra Silver Price Performance

The company’s 50-day simple moving average is $27.60 and its 200 day simple moving average is $25.62.

Institutional Trading of ProShares Ultra Silver

Several large investors have recently added to or reduced their stakes in the business. Compass Wealth Management LLC acquired a new position in ProShares Ultra Silver during the 4th quarter valued at $32,000. Advisor Group Holdings Inc. acquired a new position in ProShares Ultra Silver during the 4th quarter valued at $42,000. BNP Paribas Arbitrage SNC acquired a new position in ProShares Ultra Silver during the 3rd quarter valued at $62,000. JPMorgan Chase & Co. acquired a new position in ProShares Ultra Silver during the 2nd quarter valued at $72,000. Finally, Hollencrest Capital Management acquired a new position in ProShares Ultra Silver during the 4th quarter valued at $170,000.

ProShares Ultra Silver Company Profile

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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.