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. The Fund's investment advisor is ProShare Advisors LLC.
Basic Details
Issuer ProShares
Fund NameProShares Ultra Silver
Tax ClassificationPartnership
SymbolNYSEARCA:AGQ
Inception Date12/1/2008
Fund ManagerJeffrey Ploshnick
PhoneN/A
Fund Focus
Asset ClassCommodities
BenchmarkLondon Fix Silver PR USD
CategoryPrecious Metals
FocusSilver
Development LevelBlended Development
RegionGlobal
Fund Statistics
Assets Under Management$183.73 million
Average Daily Volume$160,416.00
Discount/Premium9.10%
ETF Expenses
Management Fee0.95%
Other Expenses4.34%
Total Expenses5.29%
Fee Waiver0.00%
Net Expenses5.29%
Administrator, Advisor and Custodian
AdministratorBrown Brothers Harriman & Co.
Advisor
CustodianBrown Brothers Harriman & Co.
DistributorSEI Investments Distribution Co.
Transfer AgentBrown Brothers Harriman & Co.
TrusteeWilmington Trust Company
Lead Market MakerVirtu Financial
ProShares Ultra Silver (NYSEARCA:AGQ) Frequently Asked Questions
What is ProShares Ultra Silver's stock symbol?
ProShares Ultra Silver trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "AGQ."
Has ProShares Ultra Silver been receiving favorable news coverage?
Media coverage about AGQ stock has been trending positive this week, InfoTrie reports. The research group scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. ProShares Ultra Silver earned a coverage optimism score of 2.3 on InfoTrie's scale. They also gave headlines about the exchange traded fund a news buzz of 7.0 out of 10, indicating that recent news coverage is likely to have an impact on the stock's share price in the next few days.
What other stocks do shareholders of ProShares Ultra Silver own?
Who are ProShares Ultra Silver's key executives?
ProShares Ultra Silver's management team includes the folowing people:
- Louis M. Mayberg, Principal Executive Officer (Age 53)
- Edward J. Karpowicz, Principal Financial Officer (Age 49)
Who are ProShares Ultra Silver's major shareholders?
ProShares Ultra Silver's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Sowell Financial Services LLC (3.66%), Millennium Management LLC (2.21%) and Virtu Financial LLC (0.63%).
Which institutional investors are selling ProShares Ultra Silver stock?
AGQ stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC.
Which institutional investors are buying ProShares Ultra Silver stock?
AGQ stock was acquired by a variety of institutional investors in the last quarter, including Sowell Financial Services LLC and Virtu Financial LLC.
How do I buy shares of ProShares Ultra Silver?
Shares of AGQ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is ProShares Ultra Silver's stock price today?
One share of AGQ stock can currently be purchased for approximately $25.9640.
How big of a company is ProShares Ultra Silver?
ProShares Ultra Silver has a market capitalization of $186.86 million.
What is ProShares Ultra Silver's official website?
MarketBeat Community Rating for ProShares Ultra Silver (NYSEARCA AGQ)
MarketBeat's community ratings are surveys of what our community members think about ProShares Ultra Silver and other stocks. Vote "Outperform" if you believe AGQ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AGQ will underperform the S&P 500 over the long term. You may vote once every thirty days.
