ProShares Ultra Russell2000 (NYSEARCA:UWM) Shares Sold by Capital Investment Counsel Inc

Capital Investment Counsel Inc cut its position in ProShares Ultra Russell2000 (NYSEARCA:UWM) by 16.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 45,199 shares of the company’s stock after selling 8,597 shares during the period. Capital Investment Counsel Inc owned 0.81% of ProShares Ultra Russell2000 worth $1,892,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the company. Larson Financial Group LLC increased its position in shares of ProShares Ultra Russell2000 by 62.7% in the 3rd quarter. Larson Financial Group LLC now owns 2,603 shares of the company’s stock valued at $112,000 after purchasing an additional 1,003 shares during the last quarter. Peterson Financial Group Inc. purchased a new stake in shares of ProShares Ultra Russell2000 in the 3rd quarter valued at approximately $147,000. Arizona PSPRS Trust purchased a new stake in shares of ProShares Ultra Russell2000 in the 3rd quarter valued at approximately $215,000. Principal Securities Inc. purchased a new position in shares of ProShares Ultra Russell2000 in the 4th quarter valued at $240,000. Finally, Flow Traders U.S. LLC purchased a new position in shares of ProShares Ultra Russell2000 in the 3rd quarter valued at $286,000.

ProShares Ultra Russell2000 Stock Down 1.7 %

NYSEARCA UWM opened at $42.74 on Friday. The firm’s fifty day moving average price is $43.29 and its 200 day moving average price is $43.40. ProShares Ultra Russell2000 has a 12 month low of $33.57 and a 12 month 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.