Simplicity Wealth LLC bought a new position in ProShares Ultra Russell2000 (NYSEARCA:UWM – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm bought 90,572 shares of the company’s stock, valued at approximately $3,790,000. ProShares Ultra Russell2000 makes up approximately 0.8% of Simplicity Wealth LLC’s investment portfolio, making the stock its 25th biggest position. Simplicity Wealth LLC owned about 1.63% of ProShares Ultra Russell2000 as of its most recent SEC filing.
A number of other institutional investors have also bought and sold shares of the business. Personal CFO Solutions LLC purchased a new position in ProShares Ultra Russell2000 in the 4th quarter worth approximately $15,290,000. Park Avenue Securities LLC purchased a new position in ProShares Ultra Russell2000 in the 4th quarter worth approximately $8,240,000. Atria Investments Inc purchased a new position in ProShares Ultra Russell2000 in the 4th quarter worth approximately $4,483,000. Toth Financial Advisory Corp lifted its stake in ProShares Ultra Russell2000 by 42.5% in the 4th quarter. Toth Financial Advisory Corp now owns 64,975 shares of the company’s stock worth $2,719,000 after purchasing an additional 19,373 shares in the last quarter. Finally, Quadrature Capital Ltd purchased a new position in ProShares Ultra Russell2000 in the 3rd quarter worth approximately $2,471,000.
ProShares Ultra Russell2000 Price Performance
UWM opened at $35.81 on Monday. The firm has a market capitalization of $352.73 million, a price-to-earnings ratio of 16.43 and a beta of 2.33. The company’s 50 day simple moving average is $42.00 and its two-hundred day simple moving average is $43.41. ProShares Ultra Russell2000 has a 1-year low of $33.57 and a 1-year 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.
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