JPMorgan Chase & Co. Purchases Shares of 2,715 ProShares Ultra Silver (NYSEARCA:AGQ)

JPMorgan Chase & Co. acquired a new position in shares of ProShares Ultra Silver (NYSEARCA:AGQ) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 2,715 shares of the exchange traded fund’s stock, valued at approximately $110,000.

Several other institutional investors have also recently made changes to their positions in AGQ. Hollencrest Capital Management raised its holdings 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 purchasing an additional 395 shares during the period. International Assets Investment Management LLC increased its position in shares of ProShares Ultra Silver by 3,943.8% in 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 buying an additional 1,262 shares in the last quarter. Strategic Investment Solutions Inc. IL acquired a new position in shares of ProShares Ultra Silver during the 3rd quarter worth approximately $61,000. HighTower Advisors LLC purchased a new position in shares of ProShares Ultra Silver during the 3rd quarter valued at approximately $292,000. Finally, Flow Traders U.S. LLC purchased a new position in shares of ProShares Ultra Silver during the 3rd quarter valued at approximately $359,000.

ProShares Ultra Silver Price Performance

Shares of NYSEARCA AGQ opened at $40.60 on Monday. The firm has a fifty day moving average of $37.54 and a 200 day moving average of $38.29. ProShares Ultra Silver has a one year low of $22.79 and a one year high of $50.13.

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.