Headlands Technologies LLC acquired a new position in shares of ProShares UltraShort Russell2000 (NYSEARCA:TWM – Free Report) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 1,251 shares of the company’s stock, valued at approximately $56,000.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Powell Investment Advisors LLC purchased a new position in shares of ProShares UltraShort Russell2000 during the fourth quarter valued at approximately $502,000. IMC Chicago LLC purchased a new position in ProShares UltraShort Russell2000 during the 4th quarter worth $1,452,000. Finally, Jane Street Group LLC grew its stake in shares of ProShares UltraShort Russell2000 by 36.4% in the 3rd quarter. Jane Street Group LLC now owns 384,222 shares of the company’s stock worth $3,516,000 after acquiring an additional 102,609 shares in the last quarter.
ProShares UltraShort Russell2000 Trading Up 1.4 %
Shares of TWM stock opened at $65.09 on Tuesday. ProShares UltraShort Russell2000 has a one year low of $36.93 and a one year high of $70.85. The firm has a 50-day moving average of $48.63 and a 200-day moving average of $45.12.
ProShares UltraShort Russell2000 Cuts Dividend
ProShares UltraShort Russell2000 Company Profile
ProShares UltraShort Russell2000 (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Russell 2000 Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index.
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Want to see what other hedge funds are holding TWM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares UltraShort Russell2000 (NYSEARCA:TWM – Free Report).
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