Compass Wealth Management LLC Takes $257,000 Position in ProShares Ultra Silver $AGQ

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

A number of other institutional investors also recently bought and sold shares of the stock. Simplex Trading LLC grew its holdings in ProShares Ultra Silver by 2,095.5% during the second quarter. Simplex Trading LLC now owns 42,395 shares of the exchange traded fund’s stock valued at $2,013,000 after purchasing an additional 40,464 shares during the period. Savior LLC lifted its position in shares of ProShares Ultra Silver by 5.2% during the 3rd quarter. Savior LLC now owns 28,889 shares of the exchange traded fund’s stock valued at $2,202,000 after buying an additional 1,419 shares in the last quarter. Clear Harbor Asset Management LLC bought a new position in shares of ProShares Ultra Silver during the 3rd quarter valued at approximately $2,020,000. EverSource Wealth Advisors LLC purchased a new stake in ProShares Ultra Silver in the 2nd quarter worth approximately $1,019,000. Finally, Headlands Technologies LLC raised its stake in ProShares Ultra Silver by 259.5% during the 2nd quarter. Headlands Technologies LLC now owns 13,896 shares of the exchange traded fund’s stock worth $660,000 after acquiring an additional 10,031 shares during the period.

ProShares Ultra Silver Stock Up 9.7%

Shares of NYSEARCA:AGQ opened at $350.89 on Tuesday. ProShares Ultra Silver has a 1-year low of $31.88 and a 1-year high of $411.78. The firm’s 50 day simple moving average is $165.38 and its two-hundred day simple moving average is $101.42.

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.