Peterson Financial Group Inc. bought a new position in shares of ProShares Ultra Russell2000 (NYSEARCA:UWM – Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 3,421 shares of the company’s stock, valued at approximately $147,000.
Several other hedge funds have also added to or reduced their stakes in the business. Capital Investment Counsel Inc boosted its position in ProShares Ultra Russell2000 by 1.3% during the 3rd quarter. Capital Investment Counsel Inc now owns 53,796 shares of the company’s stock worth $2,309,000 after buying an additional 681 shares during the period. Innova Wealth Partners boosted its position in ProShares Ultra Russell2000 by 43.3% during the 1st quarter. Innova Wealth Partners now owns 14,619 shares of the company’s stock worth $597,000 after buying an additional 4,418 shares during the period. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in ProShares Ultra Russell2000 during the 3rd quarter worth approximately $312,000. Renaissance Technologies LLC acquired a new stake in ProShares Ultra Russell2000 during the 2nd quarter worth approximately $450,000. Finally, Toth Financial Advisory Corp lifted its position in shares of ProShares Ultra Russell2000 by 51.4% in the 3rd quarter. Toth Financial Advisory Corp now owns 45,602 shares of the company’s stock worth $1,958,000 after purchasing an additional 15,488 shares during the period.
ProShares Ultra Russell2000 Stock Performance
Shares of NYSEARCA UWM opened at $45.26 on Friday. ProShares Ultra Russell2000 has a 52-week low of $29.21 and a 52-week high of $51.01. The company’s 50 day moving average price is $43.18 and its 200-day moving average price is $40.52.
About ProShares Ultra Russell2000
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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