IMC Chicago LLC Invests $762,000 in ProShares Ultra Silver (NYSEARCA:AGQ)

IMC Chicago LLC acquired a new position in ProShares Ultra Silver (NYSEARCA:AGQ) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 28,063 shares of the exchange traded fund’s stock, valued at approximately $762,000. IMC Chicago LLC owned about 0.22% of ProShares Ultra Silver at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Quadrature Capital Ltd acquired a new stake in shares of ProShares Ultra Silver in the third quarter worth $226,000. HTLF Bank acquired a new stake in shares of ProShares Ultra Silver in the fourth quarter worth $367,000. Finally, Axxcess Wealth Management LLC acquired a new position in ProShares Ultra Silver during the 3rd quarter valued at $701,000.

ProShares Ultra Silver Price Performance

NYSEARCA:AGQ traded down $0.83 during trading hours on Thursday, hitting $42.19. 698,164 shares of the company traded hands, compared to its average volume of 1,456,393. ProShares Ultra Silver has a twelve month low of $21.30 and a twelve month high of $47.28. The firm has a 50-day moving average of $34.33 and a 200 day moving average of $29.01.

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.