Keynote Financial Services LLC Lowers Stock Holdings in ProShares Ultra Silver (NYSEARCA:AGQ)

Keynote Financial Services LLC reduced its stake in ProShares Ultra Silver (NYSEARCA:AGQ) by 12.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,483 shares of the exchange traded fund’s stock after selling 3,470 shares during the period. Keynote Financial Services LLC owned 0.17% of ProShares Ultra Silver worth $950,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Strategic Investment Solutions Inc. IL bought a new position in shares of ProShares Ultra Silver during the 3rd quarter worth $61,000. International Assets Investment Management LLC lifted its stake in 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 worth $52,000 after acquiring an additional 1,262 shares during the period. Advisory Alpha LLC bought a new position in ProShares Ultra Silver during the 2nd quarter worth about $495,000. Beaird Harris Wealth Management LLC purchased a new position in ProShares Ultra Silver during the 2nd quarter valued at about $62,000. Finally, Insigneo Advisory Services LLC bought a new stake in shares of ProShares Ultra Silver in the 2nd quarter valued at about $918,000.

ProShares Ultra Silver Stock Up 4.8 %

Shares of AGQ opened at $41.73 on Friday. The company has a 50 day moving average price of $40.95 and a 200-day moving average price of $38.74. ProShares Ultra Silver has a fifty-two week low of $22.79 and a fifty-two week 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.