LPL Financial LLC increased its stake in shares of ProShares Short Russell2000 (NYSEARCA:RWM – Free Report) by 3.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 21,752 shares of the company’s stock after buying an additional 712 shares during the period. LPL Financial LLC owned about 0.26% of ProShares Short Russell2000 worth $408,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. One Plus One Wealth Management LLC acquired a new position in shares of ProShares Short Russell2000 during the 4th quarter worth $6,675,000. Oppenheimer & Co. Inc. purchased a new position in ProShares Short Russell2000 during the 4th quarter valued at about $911,000. Global View Capital Management LLC acquired a new position in ProShares Short Russell2000 during the fourth quarter worth about $828,000. Choreo LLC purchased a new stake in shares of ProShares Short Russell2000 in the fourth quarter valued at about $560,000. Finally, Eastern Bank acquired a new stake in shares of ProShares Short Russell2000 in the fourth quarter valued at approximately $156,000.
ProShares Short Russell2000 Price Performance
Shares of RWM opened at $21.06 on Friday. The firm has a 50 day simple moving average of $20.85 and a 200-day simple moving average of $19.22. ProShares Short Russell2000 has a 1-year low of $17.14 and a 1-year high of $23.99.
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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