Thurston Springer Miller Herd & Titak Inc. Has $280,000 Position in 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% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,386 shares of the company’s stock after purchasing an additional 934 shares during the quarter. Thurston Springer Miller Herd & Titak Inc. owned 0.09% of ProShares Ultra Russell 2000 worth $280,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Envestnet Asset Management Inc. raised its position in shares of ProShares Ultra Russell 2000 by 50,502.1% during the fourth quarter. Envestnet Asset Management Inc. now owns 3,019,931 shares of the company’s stock worth $126,384,000 after purchasing an additional 3,013,963 shares during the period. Personal CFO Solutions LLC acquired a new stake in ProShares Ultra Russell 2000 in the 4th quarter valued at approximately $15,290,000. Envestnet Portfolio Solutions Inc. acquired a new stake in ProShares Ultra Russell 2000 in the 4th quarter valued at approximately $13,371,000. Atria Investments Inc acquired a new stake in ProShares Ultra Russell 2000 in the 4th quarter valued at approximately $4,483,000. Finally, Simplicity Wealth LLC acquired a new stake in ProShares Ultra Russell 2000 in the 4th quarter valued at approximately $3,790,000.

ProShares Ultra Russell 2000 Stock Performance

Shares of ProShares Ultra Russell 2000 stock opened at $36.31 on Friday. The business’s 50 day simple moving average is $31.78 and its 200 day simple moving average is $38.61. ProShares Ultra Russell 2000 has a 52-week low of $24.47 and a 52-week high of $51.87. The firm has a market cap of $328.61 million, a PE ratio of 13.49 and a beta of 2.22.

About ProShares Ultra Russell 2000

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.