Variant Private Wealth LLC Purchases New Position in ProShares UltraPro Russell2000 (NYSEARCA:URTY)

Variant Private Wealth LLC purchased a new stake in shares of ProShares UltraPro Russell2000 (NYSEARCA:URTY) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 87,832 shares of the company’s stock, valued at approximately $4,322,000. ProShares UltraPro Russell2000 makes up 4.1% of Variant Private Wealth LLC’s portfolio, making the stock its 10th biggest position. Variant Private Wealth LLC owned 0.79% of ProShares UltraPro Russell2000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. Cassaday & Co Wealth Management LLC raised its position in ProShares UltraPro Russell2000 by 7.5% during the fourth quarter. Cassaday & Co Wealth Management LLC now owns 49,605 shares of the company’s stock valued at $2,441,000 after acquiring an additional 3,450 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in ProShares UltraPro Russell2000 during the fourth quarter valued at approximately $255,000. MFG Wealth Management Inc. purchased a new position in ProShares UltraPro Russell2000 during the fourth quarter valued at approximately $3,267,000. Stratos Wealth Partners LTD. raised its position in ProShares UltraPro Russell2000 by 23.6% during the fourth quarter. Stratos Wealth Partners LTD. now owns 13,079 shares of the company’s stock valued at $644,000 after acquiring an additional 2,500 shares in the last quarter. Finally, JPMorgan Chase & Co. purchased a new position in ProShares UltraPro Russell2000 during the third quarter valued at approximately $49,000.

ProShares UltraPro Russell2000 Stock Performance

ProShares UltraPro Russell2000 stock opened at $45.70 on Friday. ProShares UltraPro Russell2000 has a 12 month low of $37.54 and a 12 month high of $68.23. The business has a 50 day simple moving average of $51.57 and a 200-day simple moving average of $52.55.

About ProShares UltraPro Russell2000

The ProShares UltraPro Russell2000 (URTY) is an exchange-traded fund that is based on the Russell 2000 index. The fund provides 3x leveraged exposure to a market-cap-weighted index of US small-cap companies. URTY was launched on Feb 11, 2010 and is managed by ProShares.