Leuthold Group LLC Buys 175,584 Shares of ProShares Short Russell2000 $RWM

Leuthold Group LLC grew its stake in ProShares Short Russell2000 (NYSEARCA:RWM) by 20.3% in the third quarter, Holdings Channel.com reports. The institutional investor owned 1,039,914 shares of the company’s stock after buying an additional 175,584 shares during the quarter. ProShares Short Russell2000 makes up approximately 1.4% of Leuthold Group LLC’s portfolio, making the stock its 9th largest holding. Leuthold Group LLC owned 0.09% of ProShares Short Russell2000 worth $14,964,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently made changes to their positions in the company. Group One Trading LLC raised its stake in shares of ProShares Short Russell2000 by 169.9% in the 1st quarter. Group One Trading LLC now owns 3,336 shares of the company’s stock valued at $54,000 after acquiring an additional 2,100 shares in the last quarter. Waverly Advisors LLC bought a new stake in ProShares Short Russell2000 during the second quarter worth approximately $266,000. Choreo LLC boosted its position in ProShares Short Russell2000 by 32.4% during the third quarter. Choreo LLC now owns 59,883 shares of the company’s stock worth $862,000 after purchasing an additional 14,645 shares during the period. Global View Capital Management LLC acquired a new position in ProShares Short Russell2000 during the third quarter valued at approximately $1,191,000. Finally, IMC Chicago LLC acquired a new position in ProShares Short Russell2000 during the first quarter valued at approximately $1,753,000.

ProShares Short Russell2000 Price Performance

NYSEARCA:RWM opened at $14.20 on Tuesday. ProShares Short Russell2000 has a 12 month low of $13.16 and a 12 month high of $17.80. The company’s 50 day moving average is $14.25 and its 200-day moving average is $14.48.

ProShares Short Russell2000’s stock is scheduled to reverse split on Thursday, November 19th. The 1-2 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Wednesday, November 18th.

About ProShares Short Russell2000

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. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.