Triton Wealth Management PLLC Sells 6,315 Shares of ProShares UltraPro Russell2000 (NYSEARCA:URTY)

Triton Wealth Management PLLC reduced its stake in ProShares UltraPro Russell2000 (NYSEARCA:URTY) by 33.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,382 shares of the company’s stock after selling 6,315 shares during the quarter. Triton Wealth Management PLLC owned 0.11% of ProShares UltraPro Russell2000 worth $617,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in URTY. Squarepoint Ops LLC acquired a new position in ProShares UltraPro Russell2000 during the second quarter worth $1,406,000. Renaissance Technologies LLC acquired a new position in ProShares UltraPro Russell2000 during the second quarter valued at approximately $801,000. Finally, Commonwealth Equity Services LLC grew its stake in ProShares UltraPro Russell2000 by 54.9% in the second quarter. Commonwealth Equity Services LLC now owns 12,638 shares of the company’s stock valued at $546,000 after purchasing an additional 4,481 shares in the last quarter.

ProShares UltraPro Russell2000 Trading Up 4.3 %

Shares of ProShares UltraPro Russell2000 stock traded up $2.09 on Friday, reaching $50.81. 1,324,147 shares of the company were exchanged, compared to its average volume of 1,372,786. The company has a 50-day moving average of $48.76 and a 200 day moving average of $46.50. ProShares UltraPro Russell2000 has a one year low of $25.36 and a one year high of $60.25.

ProShares UltraPro Russell2000 Profile

The ProShares UltraPro Russell2000 (URTY) is an exchange-traded fund that is based on the Russell 2000 index. The fund provides 3x leveraged exposure to a market-cap-weighted index of US small-cap companies. URTY was launched on Feb 11, 2010 and is managed by ProShares.