EverSource Wealth Advisors LLC bought a new position in shares of ProShares Ultra Russell2000 (NYSEARCA:UWM – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 86,694 shares of the company’s stock, valued at approximately $3,628,000. EverSource Wealth Advisors LLC owned approximately 1.56% of ProShares Ultra Russell2000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Personal CFO Solutions LLC purchased a new stake in ProShares Ultra Russell2000 during the fourth quarter valued at about $15,290,000. Park Avenue Securities LLC purchased a new position in shares of ProShares Ultra Russell2000 in the 4th quarter worth about $8,240,000. Atria Investments Inc purchased a new position in shares of ProShares Ultra Russell2000 during the 4th quarter valued at about $4,483,000. Simplicity Wealth LLC bought a new stake in ProShares Ultra Russell2000 in the 4th quarter worth approximately $3,790,000. Finally, Quadrature Capital Ltd purchased a new stake in ProShares Ultra Russell2000 in the third quarter worth approximately $2,471,000.
ProShares Ultra Russell2000 Stock Performance
Shares of ProShares Ultra Russell2000 stock opened at $33.98 on Wednesday. The stock has a market capitalization of $334.70 million, a price-to-earnings ratio of 16.43 and a beta of 2.33. The company has a fifty day moving average of $41.68 and a 200-day moving average of $43.30. ProShares Ultra Russell2000 has a 52-week low of $33.23 and a 52-week high of $51.87.
ProShares Ultra Russell2000 Company 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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