HighTower Advisors LLC Acquires New Position in ProShares Ultra Silver (NYSEARCA:AGQ)

HighTower Advisors LLC purchased a new stake in shares of ProShares Ultra Silver (NYSEARCA:AGQ) in the third quarter, according to its most recent filing with the SEC. The firm purchased 7,221 shares of the exchange traded fund’s stock, valued at approximately $292,000. HighTower Advisors LLC owned 0.05% of ProShares Ultra Silver at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Hollencrest Capital Management grew its stake in ProShares Ultra Silver by 8.5% in the 3rd quarter. Hollencrest Capital Management now owns 5,041 shares of the exchange traded fund’s stock worth $204,000 after acquiring an additional 395 shares during the period. International Assets Investment Management LLC raised its stake in shares of ProShares Ultra Silver by 3,943.8% during the third quarter. International Assets Investment Management LLC now owns 1,294 shares of the exchange traded fund’s stock valued at $52,000 after purchasing an additional 1,262 shares during the period. Strategic Investment Solutions Inc. IL acquired a new position in shares of ProShares Ultra Silver in the third quarter worth about $61,000. Beaird Harris Wealth Management LLC bought a new stake in shares of ProShares Ultra Silver in the second quarter worth $62,000. Finally, New Harbor Financial Group LLC bought a new position in shares of ProShares Ultra Silver during the second quarter worth about $321,000.

ProShares Ultra Silver Stock Up 0.7 %

ProShares Ultra Silver stock opened at $35.86 on Tuesday. ProShares Ultra Silver has a 12 month low of $22.79 and a 12 month high of $50.13. The company has a fifty day moving average price of $40.68 and a two-hundred day moving average price of $38.75.

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.