Simplicity Wealth LLC bought a new position in shares of ProShares Ultra Russell2000 (NYSEARCA:UWM – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 90,572 shares of the company’s stock, valued at approximately $3,790,000. ProShares Ultra Russell2000 accounts for 0.8% of Simplicity Wealth LLC’s holdings, making the stock its 25th biggest holding.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in UWM. Larson Financial Group LLC grew its position in shares of ProShares Ultra Russell2000 by 62.7% in the third 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. acquired a new stake in shares of ProShares Ultra Russell2000 in the third quarter valued at approximately $147,000. Arizona PSPRS Trust acquired a new stake in shares of ProShares Ultra Russell2000 in the third quarter valued at approximately $215,000. US Bancorp DE acquired a new stake in shares of ProShares Ultra Russell2000 in the fourth quarter valued at approximately $224,000. Finally, Sigma Planning Corp acquired a new stake in shares of ProShares Ultra Russell2000 in the fourth quarter valued at approximately $225,000.
ProShares Ultra Russell2000 Price Performance
UWM stock opened at $35.81 on Monday. The company’s 50 day simple moving average is $42.00 and its 200-day simple moving average is $43.41. The firm has a market capitalization of $352.73 million, a PE ratio of 16.43 and a beta of 2.33. ProShares Ultra Russell2000 has a 12 month low of $33.57 and a 12 month high of $51.87.
About ProShares Ultra Russell2000
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.
Featured Stories
- Five stocks we like better than ProShares Ultra Russell2000
- Stock Market Holidays 2022-2025 – Here’s When the NYSE and NASDAQ Will be Closed
- Institutional Investors Bet $1B on These 4 Stocks—Should You?
- Investing in Commodities: What Are They? How to Invest in Them
- One Must-Buy Stock and One to Avoid as Tariffs Shake the Market
- What does consumer price index measure?
- These 4 Tech ETFs Just Hit 50-Day Lows—Time to Buy?
Want to see what other hedge funds are holding UWM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Ultra Russell2000 (NYSEARCA:UWM – Free Report).
Receive News & Ratings for ProShares Ultra Russell2000 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Ultra Russell2000 and related companies with MarketBeat.com's FREE daily email newsletter.
