482,922 Shares in ProShares UltraShort Silver $ZSL Purchased by Altfest L J & Co. Inc.

Altfest L J & Co. Inc. acquired a new position in shares of ProShares UltraShort Silver (NYSEARCA:ZSL) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 482,922 shares of the exchange traded fund’s stock, valued at approximately $2,579,000. Altfest L J & Co. Inc. owned about 0.41% of ProShares UltraShort Silver at the end of the most recent quarter.

Separately, Bank of America Corp DE increased its position in ProShares UltraShort Silver by 10,161.9% during the second quarter. Bank of America Corp DE now owns 4,310 shares of the exchange traded fund’s stock worth $111,000 after purchasing an additional 4,268 shares during the last quarter.

ProShares UltraShort Silver Stock Performance

ProShares UltraShort Silver stock opened at $21.63 on Friday. ProShares UltraShort Silver has a 12-month low of $14.40 and a 12-month high of $343.50. The company has a 50-day moving average price of $22.68 and a 200 day moving average price of $68.75.

ProShares UltraShort Silver Profile

ProShares UltraShort Silver (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of silver bullion 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.