Capital Investment Counsel Inc Has $2.02 Million Stake in ProShares Ultra Russell 2000 $UWM

Capital Investment Counsel Inc boosted its stake in ProShares Ultra Russell 2000 (NYSEARCA:UWM) by 4.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 53,700 shares of the company’s stock after acquiring an additional 2,101 shares during the quarter. Capital Investment Counsel Inc owned 0.62% of ProShares Ultra Russell 2000 worth $2,023,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Atria Investments Inc boosted its holdings in ProShares Ultra Russell 2000 by 14.3% during the second quarter. Atria Investments Inc now owns 119,768 shares of the company’s stock worth $4,512,000 after purchasing an additional 15,017 shares during the last quarter. Simplicity Wealth LLC increased its position in shares of ProShares Ultra Russell 2000 by 16.4% in the second quarter. Simplicity Wealth LLC now owns 118,610 shares of the company’s stock valued at $4,468,000 after acquiring an additional 16,699 shares during the last quarter. Kestra Advisory Services LLC increased its position in shares of ProShares Ultra Russell 2000 by 4.8% in the first quarter. Kestra Advisory Services LLC now owns 75,245 shares of the company’s stock valued at $2,516,000 after acquiring an additional 3,451 shares during the last quarter. Toth Financial Advisory Corp raised its holdings in ProShares Ultra Russell 2000 by 12.2% during the second quarter. Toth Financial Advisory Corp now owns 58,129 shares of the company’s stock worth $2,190,000 after acquiring an additional 6,304 shares in the last quarter. Finally, GWN Securities Inc. boosted its position in ProShares Ultra Russell 2000 by 102.3% during the second quarter. GWN Securities Inc. now owns 26,466 shares of the company’s stock valued at $997,000 after purchasing an additional 13,386 shares during the last quarter.

ProShares Ultra Russell 2000 Stock Down 0.5%

UWM stock opened at $46.48 on Thursday. The company has a market cap of $244.02 million, a price-to-earnings ratio of 13.49 and a beta of 2.27. ProShares Ultra Russell 2000 has a twelve month low of $24.47 and a twelve month high of $51.87. The business has a 50 day moving average price of $46.76 and a two-hundred day moving average price of $40.90.

ProShares Ultra Russell 2000 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.