Bard Associates Inc. lowered its position in shares of ProShares Ultra Russell2000 (NYSEARCA:UWM – Free Report) by 9.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,015 shares of the company’s stock after selling 1,808 shares during the period. Bard Associates Inc. owned approximately 0.32% of ProShares Ultra Russell2000 worth $754,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Park Avenue Securities LLC bought a new stake in shares of ProShares Ultra Russell2000 during the fourth quarter valued at approximately $8,240,000. Toth Financial Advisory Corp boosted its holdings in ProShares Ultra Russell2000 by 42.5% in the fourth quarter. Toth Financial Advisory Corp now owns 64,975 shares of the company’s stock worth $2,719,000 after purchasing an additional 19,373 shares during the last quarter. Quadrature Capital Ltd purchased a new stake in ProShares Ultra Russell2000 in the third quarter worth approximately $2,471,000. Meridian Wealth Management LLC purchased a new stake in ProShares Ultra Russell2000 in the fourth quarter worth approximately $1,714,000. Finally, IMC Chicago LLC purchased a new stake in ProShares Ultra Russell2000 in the fourth quarter worth approximately $1,495,000.
ProShares Ultra Russell2000 Trading Down 5.5 %
Shares of UWM stock opened at $36.80 on Tuesday. ProShares Ultra Russell2000 has a 12-month low of $33.57 and a 12-month high of $51.87. The firm’s 50 day moving average is $42.55 and its 200 day moving average is $43.54. The stock has a market capitalization of $362.48 million, a P/E ratio of 16.43 and a beta of 2.33.
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.
Further Reading
- Five stocks we like better than ProShares Ultra Russell2000
- How to Most Effectively Use the MarketBeat Earnings Screener
- Bearish Investors Can Seek Refuge in Recession-Resistant ETFs
- EV Stocks and How to Profit from Them
- 3 Oversold Magnificent Seven Stocks at Key Levels: Buy Now?
- Best Aerospace Stocks Investing
- 3M to Hit $175 by Mid-Year, and Higher Highs Are Likely
Receive News & Ratings for ProShares Ultra Russell2000 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Ultra Russell2000 and related companies with MarketBeat.com's FREE daily email newsletter.
