Simplex Trading LLC Makes New Investment in ProShares UltraPro Russell 2000 $URTY

Simplex Trading LLC purchased a new stake in shares of ProShares UltraPro Russell 2000 (NYSEARCA:URTY) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 7,433 shares of the company’s stock, valued at approximately $292,000.

A number of other institutional investors have also modified their holdings of the company. Cassaday & Co Wealth Management LLC raised its stake in shares of ProShares UltraPro Russell 2000 by 20.9% during the 1st quarter. Cassaday & Co Wealth Management LLC now owns 59,955 shares of the company’s stock worth $2,058,000 after acquiring an additional 10,350 shares in the last quarter. LPL Financial LLC purchased a new position in ProShares UltraPro Russell 2000 in the first quarter worth $4,052,000. Flow Traders U.S. LLC increased its position in shares of ProShares UltraPro Russell 2000 by 41.8% during the first quarter. Flow Traders U.S. LLC now owns 28,290 shares of the company’s stock worth $971,000 after purchasing an additional 8,342 shares in the last quarter. Jump Financial LLC increased its position in shares of ProShares UltraPro Russell 2000 by 20.9% during the first quarter. Jump Financial LLC now owns 25,857 shares of the company’s stock worth $887,000 after purchasing an additional 4,469 shares in the last quarter. Finally, MFG Wealth Management Inc. lifted its holdings in shares of ProShares UltraPro Russell 2000 by 45.4% during the 2nd quarter. MFG Wealth Management Inc. now owns 104,568 shares of the company’s stock valued at $4,117,000 after purchasing an additional 32,666 shares during the last quarter.

ProShares UltraPro Russell 2000 Price Performance

ProShares UltraPro Russell 2000 stock opened at $48.24 on Friday. ProShares UltraPro Russell 2000 has a 1-year low of $21.15 and a 1-year high of $68.23. The business has a fifty day moving average price of $53.45 and a 200-day moving average price of $44.46. The stock has a market capitalization of $347.33 million, a price-to-earnings ratio of 16.35 and a beta of 3.42.

ProShares UltraPro Russell 2000 Company Profile

The ProShares UltraPro Russell2000 (URTY) is an exchange-traded fund that is based on the Russell 2000 index. The fund provides 3x leveraged exposure to a market-cap-weighted index of US small-cap companies. URTY was launched on Feb 11, 2010 and is managed by ProShares.