Commonwealth Financial Services LLC Grows Stake in ProShares Short Russell2000 (NYSEARCA:RWM)

Commonwealth Financial Services LLC raised its position in shares of ProShares Short Russell2000 (NYSEARCA:RWM) by 190.2% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 49,994 shares of the company’s stock after purchasing an additional 32,764 shares during the period. Commonwealth Financial Services LLC owned about 0.60% of ProShares Short Russell2000 worth $1,046,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in RWM. Advisory Services Network LLC boosted its position in ProShares Short Russell2000 by 26.5% during the 1st quarter. Advisory Services Network LLC now owns 238,951 shares of the company’s stock valued at $4,793,000 after acquiring an additional 50,036 shares in the last quarter. One Plus One Wealth Management LLC purchased a new position in ProShares Short Russell2000 in the first quarter valued at about $2,178,000. All Season Financial Advisors Inc. bought a new position in ProShares Short Russell2000 in the second quarter worth about $1,221,000. Dynamic Advisor Solutions LLC bought a new position in ProShares Short Russell2000 in the second quarter worth about $808,000. Finally, Orion Portfolio Solutions LLC lifted its position in shares of ProShares Short Russell2000 by 1.7% during the fourth quarter. Orion Portfolio Solutions LLC now owns 33,190 shares of the company’s stock valued at $714,000 after buying an additional 549 shares during the last quarter.

ProShares Short Russell2000 Stock Up 1.1 %

Shares of ProShares Short Russell2000 stock opened at $19.18 on Monday. The firm’s 50 day moving average price is $19.69 and its 200-day moving average price is $20.50. ProShares Short Russell2000 has a 52-week low of $18.51 and a 52-week high of $26.55.

ProShares Short Russell2000 Company Profile

ProShares Short Russell2000 (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the Russell 2000 Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index.