Leuthold Group LLC reduced its stake in ProShares Short Russell2000 (NYSEARCA:RWM – Free Report) by 3.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 582,718 shares of the company’s stock after selling 22,769 shares during the quarter. ProShares Short Russell2000 comprises approximately 1.5% of Leuthold Group LLC’s holdings, making the stock its 13th biggest position. Leuthold Group LLC’s holdings in ProShares Short Russell2000 were worth $12,284,000 as of its most recent filing with the SEC.
Other hedge funds have also bought and sold shares of the company. Stableford Capital II LLC bought a new stake in shares of ProShares Short Russell2000 in the 4th quarter worth about $8,454,000. Reuter James Wealth Management LLC purchased a new position in shares of ProShares Short Russell2000 in the 3rd quarter valued at about $5,755,000. UBS Group AG increased its stake in ProShares Short Russell2000 by 64.8% in the third quarter. UBS Group AG now owns 423,015 shares of the company’s stock valued at $10,241,000 after purchasing an additional 166,325 shares during the last quarter. CPR Investments Inc. acquired a new position in shares of ProShares Short Russell2000 in the 4th quarter valued at $2,090,000. Finally, Park Edge Advisors LLC increased its position in shares of ProShares Short Russell2000 by 190.0% during the fourth quarter. Park Edge Advisors LLC now owns 83,997 shares of the company’s stock worth $1,771,000 after purchasing an additional 55,037 shares in the last quarter.
ProShares Short Russell2000 Price Performance
Shares of RWM stock traded down $0.07 during midday trading on Tuesday, reaching $20.69. 541,351 shares of the company traded hands, compared to its average volume of 2,278,448. ProShares Short Russell2000 has a 1-year low of $19.93 and a 1-year high of $26.55. The firm’s 50 day simple moving average is $20.97 and its two-hundred day simple moving average is $22.17.
ProShares Short Russell2000 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.
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Want to see what other hedge funds are holding RWM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Short Russell2000 (NYSEARCA:RWM – Free Report).
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