ProShares Ultra Silver (AGQ) experienced a notable outflow of approximately $189.9 million in the past week, reflecting a 6.6% decrease in shares outstanding from 16,596,529 to 15,496,530. This development highlights a significant shift in investor sentiment toward this exchange-traded fund.
AGQ’s share price currently stands at $162.80, with a 52-week low of $31.88 and a high of $431.47. The drop in shares outstanding may affect the underlying silver holdings, as the creation and destruction of ETF units impact stock demand.
Monitoring ETF inflows and outflows provides insight into market trends and potential effects on the components held within these funds.
