US Bancorp DE acquired a new position in ProShares Ultra Russell2000 (NYSEARCA:UWM – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 5,341 shares of the company’s stock, valued at approximately $224,000. US Bancorp DE owned about 0.10% of ProShares Ultra Russell2000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also bought and sold shares of the business. Larson Financial Group LLC raised its stake in shares of ProShares Ultra Russell2000 by 62.7% during the 3rd quarter. Larson Financial Group LLC now owns 2,603 shares of the company’s stock valued at $112,000 after purchasing an additional 1,003 shares during the period. Peterson Financial Group Inc. bought a new position in ProShares Ultra Russell2000 in the 3rd quarter worth about $147,000. Arizona PSPRS Trust bought a new position in ProShares Ultra Russell2000 in the 3rd quarter worth about $215,000. Sigma Planning Corp bought a new position in ProShares Ultra Russell2000 in the 4th quarter worth about $225,000. Finally, Principal Securities Inc. bought a new position in ProShares Ultra Russell2000 in the 4th quarter worth about $240,000.
ProShares Ultra Russell2000 Stock Up 5.0 %
Shares of NYSEARCA UWM opened at $34.65 on Friday. The firm has a market capitalization of $334.37 million, a P/E ratio of 15.04 and a beta of 2.37. The stock’s 50-day simple moving average is $41.18 and its two-hundred day simple moving average is $43.11. ProShares Ultra Russell2000 has a twelve month low of $32.67 and a twelve month high of $51.87.
ProShares Ultra Russell2000 Profile
The ProShares Ultra Russell2000 (UWM) is an exchange-traded fund that is based on the Russell 2000 index. The fund provides 2x leveraged exposure to a market-cap-weighted index of US small-cap companies. UWM was launched on Jan 23, 2007 and is managed by ProShares.
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