ProShares Short Russell2000 (NYSEARCA:RWM) Holdings Cut by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. reduced its stake in ProShares Short Russell2000 (NYSEARCA:RWM) by 1.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 55,983 shares of the company’s stock after selling 733 shares during the period. Envestnet Asset Management Inc. owned 0.67% of ProShares Short Russell2000 worth $1,049,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Aspect Partners LLC acquired a new position in ProShares Short Russell2000 during the 4th quarter valued at about $37,000. Eastern Bank bought a new stake in shares of ProShares Short Russell2000 during the fourth quarter valued at approximately $156,000. LPL Financial LLC boosted its position in shares of ProShares Short Russell2000 by 3.4% during the fourth quarter. LPL Financial LLC now owns 21,752 shares of the company’s stock worth $408,000 after buying an additional 712 shares during the period. Choreo LLC bought a new position in ProShares Short Russell2000 in the 4th quarter worth approximately $560,000. Finally, Global View Capital Management LLC acquired a new stake in ProShares Short Russell2000 in the 4th quarter valued at approximately $828,000.

ProShares Short Russell2000 Stock Down 0.7 %

Shares of ProShares Short Russell2000 stock opened at $20.86 on Friday. ProShares Short Russell2000 has a 1-year low of $17.14 and a 1-year high of $23.99. The business’s fifty day moving average price is $21.01 and its two-hundred day moving average price is $19.27.

ProShares Short Russell2000 Company 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.