Jump Financial LLC bought a new stake in shares of ProShares Short Russell2000 (NYSEARCA:RWM – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 25,475 shares of the company’s stock, valued at approximately $477,000.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Savvy Advisors Inc. bought a new stake in ProShares Short Russell2000 in the fourth quarter worth $2,213,000. LPL Financial LLC boosted its stake in ProShares Short Russell2000 by 3.4% in the 4th quarter. LPL Financial LLC now owns 21,752 shares of the company’s stock worth $408,000 after purchasing an additional 712 shares in the last quarter. Global View Capital Management LLC purchased a new stake in ProShares Short Russell2000 during the 4th quarter valued at about $828,000. Oppenheimer & Co. Inc. bought a new stake in ProShares Short Russell2000 during the 4th quarter valued at about $911,000. Finally, Leuthold Group LLC raised its holdings in ProShares Short Russell2000 by 1.1% in the fourth quarter. Leuthold Group LLC now owns 484,370 shares of the company’s stock worth $9,077,000 after buying an additional 5,340 shares during the last quarter.
ProShares Short Russell2000 Trading Down 2.0 %
Shares of NYSEARCA RWM opened at $21.04 on Friday. The firm’s 50 day moving average price is $20.79 and its 200-day moving average price is $19.21. ProShares Short Russell2000 has a 52-week low of $17.14 and a 52-week high of $23.99.
ProShares Short Russell2000 Profile
ProShares Short Russell2000 (the Fund) seeks daily investment results that correspond to 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.
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