Flow Traders U.S. LLC Invests $286,000 in ProShares Ultra Russell2000 (NYSEARCA:UWM)

Flow Traders U.S. LLC acquired a new stake in ProShares Ultra Russell2000 (NYSEARCA:UWM) during the 3rd quarter, Holdings Channel.com reports. The firm acquired 6,658 shares of the company’s stock, valued at approximately $286,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of UWM. Larson Financial Group LLC raised its position in shares of ProShares Ultra Russell2000 by 62.7% during the 3rd quarter. Larson Financial Group LLC now owns 2,603 shares of the company’s stock valued at $112,000 after acquiring an additional 1,003 shares during the last quarter. Peterson Financial Group Inc. acquired a new stake in shares of ProShares Ultra Russell2000 during the third quarter worth $147,000. Capital Investment Counsel Inc grew its stake in shares of ProShares Ultra Russell2000 by 1.3% during the third quarter. Capital Investment Counsel Inc now owns 53,796 shares of the company’s stock worth $2,309,000 after purchasing an additional 681 shares during the period. Toth Financial Advisory Corp increased its holdings in ProShares Ultra Russell2000 by 51.4% in the third quarter. Toth Financial Advisory Corp now owns 45,602 shares of the company’s stock valued at $1,958,000 after purchasing an additional 15,488 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in ProShares Ultra Russell2000 in the third quarter valued at about $312,000.

ProShares Ultra Russell2000 Stock Performance

ProShares Ultra Russell2000 stock opened at $48.92 on Friday. The business has a 50-day moving average of $45.32 and a 200-day moving average of $41.60. ProShares Ultra Russell2000 has a 1 year low of $31.83 and a 1 year 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.