WealthBridge Capital Management LLC Acquires Shares of 18,262 ProShares Ultra Russell2000 (NYSEARCA:UWM)

WealthBridge Capital Management LLC acquired a new stake in shares of ProShares Ultra Russell2000 (NYSEARCA:UWM) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 18,262 shares of the company’s stock, valued at approximately $764,000.

Other institutional investors have also bought and sold shares of the company. Larson Financial Group LLC lifted its position in ProShares Ultra Russell2000 by 62.7% during the third 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 last quarter. Peterson Financial Group Inc. bought a new position in ProShares Ultra Russell2000 during the third quarter valued at $147,000. Arizona PSPRS Trust bought a new position in ProShares Ultra Russell2000 during the third quarter valued at $215,000. Principal Securities Inc. bought a new position in ProShares Ultra Russell2000 during the fourth quarter valued at $240,000. Finally, Flow Traders U.S. LLC purchased a new stake in shares of ProShares Ultra Russell2000 in the third quarter valued at $286,000.

ProShares Ultra Russell2000 Stock Performance

ProShares Ultra Russell2000 stock opened at $43.48 on Thursday. The firm has a 50-day moving average price of $43.39 and a 200-day moving average price of $43.41. ProShares Ultra Russell2000 has a 12-month low of $33.57 and a 12-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.