Hillsdale Investment Management Inc. Has $1.63 Million Holdings in ProShares UltraShort Russell2000 (NYSEARCA:TWM)

Hillsdale Investment Management Inc. trimmed its holdings in ProShares UltraShort Russell2000 (NYSEARCA:TWM) by 75.7% in the fourth quarter, Holdings Channel reports. The fund owned 36,722 shares of the company’s stock after selling 114,288 shares during the period. Hillsdale Investment Management Inc.’s holdings in ProShares UltraShort Russell2000 were worth $1,632,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Powell Investment Advisors LLC bought a new position in shares of ProShares UltraShort Russell2000 during the 4th quarter valued at about $502,000. IMC Chicago LLC bought a new stake in ProShares UltraShort Russell2000 during the 4th quarter worth approximately $1,452,000. Finally, Jane Street Group LLC raised its holdings in ProShares UltraShort Russell2000 by 36.4% during the 3rd quarter. Jane Street Group LLC now owns 384,222 shares of the company’s stock worth $3,516,000 after buying an additional 102,609 shares during the period.

ProShares UltraShort Russell2000 Trading Up 1.4 %

ProShares UltraShort Russell2000 stock opened at $52.09 on Friday. The company has a 50 day moving average of $45.98 and a 200-day moving average of $44.78. ProShares UltraShort Russell2000 has a twelve month low of $36.93 and a twelve month high of $63.43.

About ProShares UltraShort Russell2000

ProShares UltraShort Russell2000 (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Russell 2000 Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index.