Principal Securities Inc. acquired a new position in shares of ProShares Ultra Russell2000 (NYSEARCA:UWM – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 5,744 shares of the company’s stock, valued at approximately $240,000. Principal Securities Inc. owned about 0.10% of ProShares Ultra Russell2000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Park Avenue Securities LLC acquired a new position in shares of ProShares Ultra Russell2000 in the 4th quarter valued at approximately $8,240,000. Quadrature Capital Ltd acquired a new position in shares of ProShares Ultra Russell2000 in the 3rd quarter valued at approximately $2,471,000. IMC Chicago LLC acquired a new position in shares of ProShares Ultra Russell2000 in the 4th quarter valued at approximately $1,495,000. Toth Financial Advisory Corp grew its position in shares of ProShares Ultra Russell2000 by 42.5% in the 4th quarter. Toth Financial Advisory Corp now owns 64,975 shares of the company’s stock valued at $2,719,000 after purchasing an additional 19,373 shares during the period. Finally, Veracity Capital LLC acquired a new position in shares of ProShares Ultra Russell2000 in the 4th quarter valued at approximately $683,000.
ProShares Ultra Russell2000 Stock Performance
Shares of UWM opened at $40.19 on Monday. The firm has a market capitalization of $395.87 million, a PE ratio of 16.43 and a beta of 2.33. The stock has a 50 day simple moving average of $43.16 and a 200 day simple moving average of $43.52. ProShares Ultra Russell2000 has a 52-week low of $33.57 and a 52-week 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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