Lazard Asset Management LLC Decreases Stock Position in ProShares UltraShort Russell2000 (NYSEARCA:TWM)

Lazard Asset Management LLC cut its position in ProShares UltraShort Russell2000 (NYSEARCA:TWM – Get Rating) by 58.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,002 shares of the company’s stock after selling 5,701 shares during the quarter. Lazard Asset Management LLC owned 0.07% of ProShares UltraShort Russell2000 worth $77,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in TWM. Juncture Wealth Strategies LLC raised its holdings in ProShares UltraShort Russell2000 by 19.8% in the third quarter. Juncture Wealth Strategies LLC now owns 382,710 shares of the company’s stock valued at $7,455,000 after acquiring an additional 63,188 shares in the last quarter. Blue Zone Wealth Advisors LLC raised its holdings in ProShares UltraShort Russell2000 by 12.5% in the third quarter. Blue Zone Wealth Advisors LLC now owns 340,621 shares of the company’s stock valued at $6,635,000 after acquiring an additional 37,840 shares in the last quarter. IMC Chicago LLC raised its holdings in ProShares UltraShort Russell2000 by 189.5% in the third quarter. IMC Chicago LLC now owns 95,631 shares of the company’s stock valued at $1,863,000 after acquiring an additional 62,595 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in ProShares UltraShort Russell2000 by 209.9% in the second quarter. Goldman Sachs Group Inc. now owns 85,713 shares of the company’s stock valued at $1,661,000 after acquiring an additional 58,053 shares in the last quarter. Finally, Tower Research Capital LLC TRC raised its holdings in shares of ProShares UltraShort Russell2000 by 25.7% during the third quarter. Tower Research Capital LLC TRC now owns 39,028 shares of the company’s stock worth $761,000 after purchasing an additional 7,977 shares during the period.

ProShares UltraShort Russell2000 Price Performance

Shares of NYSEARCA:TWM opened at $14.16 on Tuesday. ProShares UltraShort Russell2000 has a 1-year low of $12.68 and a 1-year high of $21.11. The company’s fifty day moving average is $14.62 and its two-hundred day moving average is $15.78.

ProShares UltraShort Russell2000 Company Profile

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ProShares UltraShort Russell2000 (the Fund) seeks daily investment results that correspond to twice (200%) 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.