Toth Financial Advisory Corp Boosts Stake in ProShares Ultra Russell 2000 $UWM

Toth Financial Advisory Corp raised its holdings in shares of ProShares Ultra Russell 2000 (NYSEARCA:UWM) by 19.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 69,523 shares of the company’s stock after buying an additional 11,394 shares during the period. Toth Financial Advisory Corp owned about 1.26% of ProShares Ultra Russell 2000 worth $3,223,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Kestra Advisory Services LLC lifted its stake in shares of ProShares Ultra Russell 2000 by 4.8% during the 1st quarter. Kestra Advisory Services LLC now owns 75,245 shares of the company’s stock worth $2,516,000 after acquiring an additional 3,451 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in ProShares Ultra Russell 2000 by 924.5% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 2,049 shares of the company’s stock worth $69,000 after purchasing an additional 1,849 shares during the period. Financial Management Network Inc. bought a new stake in shares of ProShares Ultra Russell 2000 during the second quarter worth $283,000. Truist Financial Corp bought a new stake in shares of ProShares Ultra Russell 2000 during the second quarter worth $222,000. Finally, Simplicity Wealth LLC boosted its stake in shares of ProShares Ultra Russell 2000 by 16.4% during the second quarter. Simplicity Wealth LLC now owns 118,610 shares of the company’s stock valued at $4,468,000 after purchasing an additional 16,699 shares during the period.

ProShares Ultra Russell 2000 Trading Up 1.6%

NYSEARCA UWM opened at $49.06 on Friday. The stock has a market cap of $257.57 million, a PE ratio of 13.49 and a beta of 2.27. ProShares Ultra Russell 2000 has a 12 month low of $24.47 and a 12 month high of $51.74. The company’s 50-day moving average price is $47.16 and its 200-day moving average price is $43.36.

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.