Ancora Advisors LLC bought a new position in shares of ProShares Short Russell2000 (NYSEARCA:RWM) during the third quarter, Holdings Channel reports. The firm bought 3,294 shares of the company’s stock, valued at approximately $124,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Ballew Advisors Inc purchased a new stake in ProShares Short Russell2000 during the third quarter worth $3,008,000. Virtu Financial LLC boosted its position in ProShares Short Russell2000 by 67.3% during the third quarter. Virtu Financial LLC now owns 131,527 shares of the company’s stock worth $4,960,000 after purchasing an additional 52,916 shares in the last quarter. Oppenheimer & Co. Inc. boosted its position in ProShares Short Russell2000 by 902.7% during the third quarter. Oppenheimer & Co. Inc. now owns 98,656 shares of the company’s stock worth $3,720,000 after purchasing an additional 88,817 shares in the last quarter. Finally, Juncture Wealth Strategies LLC boosted its position in ProShares Short Russell2000 by 7.9% during the third quarter. Juncture Wealth Strategies LLC now owns 58,447 shares of the company’s stock worth $2,204,000 after purchasing an additional 4,286 shares in the last quarter.
RWM opened at $43.86 on Friday. ProShares Short Russell2000 has a one year low of $36.82 and a one year high of $45.09.
ProShares Short Russell2000 (the Fund) seeks daily investment results that correspond to 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: Relative Strength Index
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