Thurston Springer Miller Herd & Titak Inc. Acquires 934 Shares of ProShares Ultra Russell 2000 (NYSEARCA:UWM)

Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of ProShares Ultra Russell 2000 (NYSEARCA:UWM) by 12.5% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 8,386 shares of the company’s stock after acquiring an additional 934 shares during the quarter. Thurston Springer Miller Herd & Titak Inc.’s holdings in ProShares Ultra Russell 2000 were worth $280,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. B. Riley Wealth Advisors Inc. bought a new stake in ProShares Ultra Russell 2000 in the 4th quarter valued at $659,000. Integrated Advisors Network LLC boosted its stake in ProShares Ultra Russell 2000 by 141.2% in the 4th quarter. Integrated Advisors Network LLC now owns 23,725 shares of the company’s stock valued at $993,000 after purchasing an additional 13,887 shares during the period. GTS Securities LLC boosted its stake in ProShares Ultra Russell 2000 by 1,224.1% in the 4th quarter. GTS Securities LLC now owns 84,308 shares of the company’s stock valued at $3,531,000 after purchasing an additional 91,808 shares during the period. Novem Group bought a new stake in ProShares Ultra Russell 2000 in the 4th quarter valued at $202,000. Finally, Quadcap Wealth Management LLC bought a new stake in ProShares Ultra Russell 2000 in the 4th quarter valued at $298,000.

ProShares Ultra Russell 2000 Price Performance

UWM opened at $36.31 on Friday. The business has a fifty day simple moving average of $31.78 and a 200 day simple moving average of $38.61. The company has a market capitalization of $328.61 million, a PE ratio of 13.49 and a beta of 2.22. ProShares Ultra Russell 2000 has a 1 year low of $24.47 and a 1 year high of $51.87.

ProShares Ultra Russell 2000 Profile

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.