IMC Chicago LLC Invests $1.50 Million in ProShares Ultra Russell2000 (NYSEARCA:UWM)

IMC Chicago LLC bought a new stake in ProShares Ultra Russell2000 (NYSEARCA:UWM) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 35,719 shares of the company’s stock, valued at approximately $1,495,000.

Other institutional investors have also added to or reduced their stakes in the company. Flow Traders U.S. LLC acquired a new position in shares of ProShares Ultra Russell2000 during the third quarter valued at about $286,000. Larson Financial Group LLC boosted its stake in ProShares Ultra Russell2000 by 62.7% during the 3rd 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. bought a new stake in ProShares Ultra Russell2000 during the 3rd quarter worth approximately $147,000. Silverleafe Capital Partners LLC purchased a new stake in shares of ProShares Ultra Russell2000 in the fourth quarter worth approximately $344,000. Finally, Quadrature Capital Ltd bought a new position in shares of ProShares Ultra Russell2000 in the third quarter valued at approximately $2,471,000.

ProShares Ultra Russell2000 Price Performance

NYSEARCA UWM opened at $43.41 on Monday. The business has a fifty day simple moving average of $44.33 and a 200 day simple moving average of $43.40. 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.