21,000 Shares in ProShares Ultra Silver $AGQ Bought by Genesis Financial Group LLC

Genesis Financial Group LLC bought a new stake in ProShares Ultra Silver (NYSEARCA:AGQ) during the 4th quarter, HoldingsChannel reports. The firm bought 21,000 shares of the exchange traded fund’s stock, valued at approximately $3,258,000. ProShares Ultra Silver makes up 1.9% of Genesis Financial Group LLC’s investment portfolio, making the stock its 16th largest position.

Other institutional investors have also bought and sold shares of the company. Blue Trust Inc. raised its position in shares of ProShares Ultra Silver by 86.7% in the 4th quarter. Blue Trust Inc. now owns 491 shares of the exchange traded fund’s stock worth $76,000 after acquiring an additional 228 shares in the last quarter. 180 Wealth Advisors LLC boosted its position in shares of ProShares Ultra Silver by 4.9% during the 3rd quarter. 180 Wealth Advisors LLC now owns 5,908 shares of the exchange traded fund’s stock valued at $450,000 after purchasing an additional 278 shares in the last quarter. Spire Wealth Management bought a new stake in shares of ProShares Ultra Silver during the 4th quarter valued at about $50,000. Osaic Holdings Inc. grew its stake in ProShares Ultra Silver by 8.9% during the second quarter. Osaic Holdings Inc. now owns 4,220 shares of the exchange traded fund’s stock worth $200,000 after purchasing an additional 345 shares during the period. Finally, Farther Finance Advisors LLC acquired a new stake in ProShares Ultra Silver during the third quarter worth approximately $35,000.

ProShares Ultra Silver Trading Down 6.8%

Shares of AGQ stock opened at $110.77 on Friday. ProShares Ultra Silver has a fifty-two week low of $31.88 and a fifty-two week high of $431.47. The stock has a 50 day simple moving average of $163.50 and a two-hundred day simple moving average of $134.74.

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. 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.