Headlands Technologies LLC Purchases New Position in ProShares UltraShort Russell2000 (NYSEARCA:TWM)

Headlands Technologies LLC acquired a new position in shares of ProShares UltraShort Russell2000 (NYSEARCA:TWMFree 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

The company also recently announced a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Wednesday, March 26th were given a dividend of $0.4183 per share. The ex-dividend date of this dividend was Wednesday, March 26th.

ProShares UltraShort Russell2000 Company Profile

(Free Report)

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.

See Also

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:TWMFree Report).

Institutional Ownership by Quarter for ProShares UltraShort Russell2000 (NYSEARCA:TWM)

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