IMC Chicago LLC Buys New Shares in ProShares Short Russell2000 $RWM

IMC Chicago LLC bought a new position in ProShares Short Russell2000 (NYSEARCA:RWM) during the first quarter, HoldingsChannel.com reports. The institutional investor bought 108,080 shares of the company’s stock, valued at approximately $1,753,000.

Several other hedge funds have also added to or reduced their stakes in the business. Leuthold Group LLC boosted its position in ProShares Short Russell2000 by 35.8% during the fourth quarter. Leuthold Group LLC now owns 817,685 shares of the company’s stock valued at $13,386,000 after buying an additional 215,580 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of ProShares Short Russell2000 by 492,402.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 433,402 shares of the company’s stock valued at $7,095,000 after acquiring an additional 433,314 shares during the last quarter. UBS Group AG lifted its stake in shares of ProShares Short Russell2000 by 175.7% in the 3rd quarter. UBS Group AG now owns 391,619 shares of the company’s stock valued at $6,575,000 after acquiring an additional 249,586 shares during the last quarter. Gunderson Capital Management Inc. purchased a new stake in ProShares Short Russell2000 during the 4th quarter valued at about $5,084,000. Finally, Jane Street Group LLC boosted its holdings in ProShares Short Russell2000 by 577.0% during the 1st quarter. Jane Street Group LLC now owns 172,386 shares of the company’s stock valued at $3,577,000 after acquiring an additional 146,924 shares during the period.

ProShares Short Russell2000 Stock Performance

RWM opened at $13.53 on Thursday. The stock’s 50 day simple moving average is $13.87 and its 200 day simple moving average is $14.95. ProShares Short Russell2000 has a 1 year low of $13.19 and a 1 year high of $19.19.

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.