Gunderson Capital Management Inc. Buys Shares of 310,569 ProShares Short Russell2000 $RWM

Gunderson Capital Management Inc. bought a new position in ProShares Short Russell2000 (NYSEARCA:RWM) in the 4th quarter, HoldingsChannel reports. The fund bought 310,569 shares of the company’s stock, valued at approximately $5,084,000. ProShares Short Russell2000 makes up 2.3% of Gunderson Capital Management Inc.’s portfolio, making the stock its 22nd biggest holding.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Jane Street Group LLC lifted its stake in ProShares Short Russell2000 by 577.0% in the 1st quarter. Jane Street Group LLC now owns 172,386 shares of the company’s stock worth $3,577,000 after acquiring an additional 146,924 shares in the last quarter. Choreo LLC boosted its position in ProShares Short Russell2000 by 201.1% during the 2nd quarter. Choreo LLC now owns 38,520 shares of the company’s stock worth $733,000 after acquiring an additional 25,725 shares during the period. Flow Traders U.S. LLC purchased a new position in ProShares Short Russell2000 during the 2nd quarter valued at about $302,000. Per Stirling Capital Management LLC. grew its stake in ProShares Short Russell2000 by 133.1% during the 2nd quarter. Per Stirling Capital Management LLC. now owns 81,287 shares of the company’s stock valued at $1,530,000 after acquiring an additional 46,421 shares in the last quarter. Finally, Jump Financial LLC acquired a new position in shares of ProShares Short Russell2000 in the 2nd quarter valued at about $4,344,000.

ProShares Short Russell2000 Price Performance

NYSEARCA RWM opened at $16.22 on Wednesday. The company has a 50 day simple moving average of $15.71 and a 200-day simple moving average of $16.18. ProShares Short Russell2000 has a 52-week low of $14.87 and a 52-week high of $23.99.

ProShares Short Russell2000 Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Wednesday, March 25th were given a $0.0642 dividend. The ex-dividend date was Wednesday, March 25th. This represents a $0.26 dividend on an annualized basis and a yield of 1.6%.

ProShares Short Russell2000 Company Profile

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. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.