ProShares UltraPro Short Russell2000 (NYSEARCA:SRTY) Shares Cross Above 200-Day Moving Average of $30.31

ProShares UltraPro Short Russell2000 (NYSEARCA:SRTY)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $30.31 and traded as high as $30.51. ProShares UltraPro Short Russell2000 shares last traded at $29.17, with a volume of 1,232,608 shares trading hands.

ProShares UltraPro Short Russell2000 Stock Down 2.3 %

The stock has a 50 day moving average of $28.72 and a two-hundred day moving average of $30.31.

Hedge Funds Weigh In On ProShares UltraPro Short Russell2000

Hedge funds and other institutional investors have recently bought and sold shares of the company. Geneos Wealth Management Inc. grew its position in shares of ProShares UltraPro Short Russell2000 by 171.1% in the fourth quarter. Geneos Wealth Management Inc. now owns 7,079 shares of the exchange traded fund’s stock valued at $214,000 after purchasing an additional 4,468 shares during the period. Simplex Trading LLC purchased a new stake in ProShares UltraPro Short Russell2000 during the fourth quarter valued at about $414,000. Tower Research Capital LLC TRC grew its position in ProShares UltraPro Short Russell2000 by 193,993.3% during the third quarter. Tower Research Capital LLC TRC now owns 29,114 shares of the exchange traded fund’s stock valued at $1,381,000 after acquiring an additional 29,099 shares during the period. HB Wealth Management LLC purchased a new stake in ProShares UltraPro Short Russell2000 during the first quarter valued at about $373,000. Finally, IMC Chicago LLC grew its position in ProShares UltraPro Short Russell2000 by 305.3% during the first quarter. IMC Chicago LLC now owns 91,838 shares of the exchange traded fund’s stock valued at $2,331,000 after acquiring an additional 69,179 shares during the period.

ProShares UltraPro Short Russell2000 Company Profile

ProShares UltraPro Short Russell2000 (the Fund) seeks daily investment results, which correspond to triple (300%) the inverse (opposite) of the daily performance of the Russell 2000 Index (the Index). The Fund seeks a return -300% of the return of an index for a single day. The Russell 2000 Index consists of 2,000 of the smallest United States-domiciled, publicly traded common stocks included in the Russell 3000 Index.