Drive Wealth Management LLC bought a new position in shares of ProShares Ultra Silver (NYSEARCA:AGQ – Get Rating) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 15,750 shares of the exchange traded fund's stock, valued at approximately $504,000. Drive Wealth Management LLC owned about 0.12% of ProShares Ultra Silver at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BNP Paribas Arbitrage SNC bought a new stake in ProShares Ultra Silver during the third quarter worth $62,000. JPMorgan Chase & Co. bought a new position in shares of ProShares Ultra Silver in the 2nd quarter valued at $72,000. UBS Group AG lifted its stake in shares of ProShares Ultra Silver by 120.4% in the 1st quarter. UBS Group AG now owns 4,444 shares of the exchange traded fund's stock valued at $171,000 after acquiring an additional 2,428 shares during the last quarter. Dubuque Bank & Trust Co. lifted its stake in shares of ProShares Ultra Silver by 25.5% in the 3rd quarter. Dubuque Bank & Trust Co. now owns 19,683 shares of the exchange traded fund's stock valued at $409,000 after acquiring an additional 4,000 shares during the last quarter. Finally, Cadent Capital Advisors LLC bought a new position in shares of ProShares Ultra Silver in the 3rd quarter valued at $415,000.

ProShares Ultra Silver Stock Performance

NYSEARCA AGQ opened at $33.37 on Friday. ProShares Ultra Silver has a twelve month low of $17.56 and a twelve month high of $42.91. The stock has a fifty day simple moving average of $27.10 and a 200 day simple moving average of $26.72.

About ProShares Ultra Silver

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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.

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