Northwestern Mutual Wealth Management Co. Raises Stake in ProShares Short Russell2000 $RWM

Northwestern Mutual Wealth Management Co. raised its stake in ProShares Short Russell2000 (NYSEARCA:RWM) by 492,402.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 433,402 shares of the company’s stock after buying an additional 433,314 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 5.69% of ProShares Short Russell2000 worth $7,095,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in RWM. Group One Trading LLC grew its holdings in ProShares Short Russell2000 by 74.7% in the 2nd quarter. Group One Trading LLC now owns 2,970 shares of the company’s stock valued at $56,000 after buying an additional 1,270 shares in the last quarter. Resonant Capital Advisors LLC grew its holdings in ProShares Short Russell2000 by 49.7% in the 4th quarter. Resonant Capital Advisors LLC now owns 15,346 shares of the company’s stock valued at $251,000 after buying an additional 5,092 shares in the last quarter. Alpha Advisors LLC VA purchased a new stake in ProShares Short Russell2000 in the 3rd quarter valued at $278,000. Flow Traders U.S. LLC purchased a new stake in ProShares Short Russell2000 in the 2nd quarter valued at $302,000. Finally, Headlands Technologies LLC purchased a new stake in ProShares Short Russell2000 in the 2nd quarter valued at $391,000.

ProShares Short Russell2000 Stock Performance

Shares of NYSEARCA:RWM opened at $14.17 on Friday. The business has a fifty day moving average of $15.25 and a two-hundred day moving average of $15.72. ProShares Short Russell2000 has a 52-week low of $14.03 and a 52-week high of $20.52.

About ProShares Short Russell2000

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.