60,000 Shares in ProShares UltraPro Russell2000 (NYSEARCA:URTY) Acquired by Polymer Capital Management HK LTD

Polymer Capital Management HK LTD bought a new stake in ProShares UltraPro Russell2000 (NYSEARCA:URTY) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 60,000 shares of the company’s stock, valued at approximately $2,953,000. Polymer Capital Management HK LTD owned 0.54% of ProShares UltraPro Russell2000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. acquired a new position in shares of ProShares UltraPro Russell2000 during the third quarter valued at $49,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in ProShares UltraPro Russell2000 during the 4th quarter valued at about $255,000. MFG Wealth Management Inc. bought a new stake in shares of ProShares UltraPro Russell2000 during the 4th quarter worth about $3,267,000. Stratos Wealth Partners LTD. raised its position in shares of ProShares UltraPro Russell2000 by 23.6% during the 4th quarter. Stratos Wealth Partners LTD. now owns 13,079 shares of the company’s stock worth $644,000 after buying an additional 2,500 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC lifted its stake in shares of ProShares UltraPro Russell2000 by 7.5% in the 4th quarter. Cassaday & Co Wealth Management LLC now owns 49,605 shares of the company’s stock worth $2,441,000 after acquiring an additional 3,450 shares during the period.

ProShares UltraPro Russell2000 Price Performance

NYSEARCA URTY opened at $25.05 on Friday. ProShares UltraPro Russell2000 has a 12 month low of $23.02 and a 12 month high of $68.23. The firm has a market capitalization of $220.44 million, a PE ratio of 13.73 and a beta of 3.53. The company’s 50 day simple moving average is $43.16 and its 200 day simple moving average is $50.57.

ProShares UltraPro Russell2000 Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Wednesday, March 26th were issued a $0.1278 dividend. The ex-dividend date was Wednesday, March 26th.

ProShares UltraPro Russell2000 Profile

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.