ProShares UltraShort Russell 2000 $TWM Shares Purchased by Hillsdale Investment Management Inc.

Hillsdale Investment Management Inc. boosted its stake in shares of ProShares UltraShort Russell 2000 (NYSEARCA:TWM) by 76.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 66,612 shares of the company’s stock after purchasing an additional 28,840 shares during the period. Hillsdale Investment Management Inc. owned approximately 5.33% of ProShares UltraShort Russell 2000 worth $2,256,000 at the end of the most recent reporting period.

Separately, Jane Street Group LLC acquired a new stake in shares of ProShares UltraShort Russell 2000 during the first quarter worth $668,000.

ProShares UltraShort Russell 2000 Price Performance

NYSEARCA TWM opened at $27.73 on Monday. The stock’s fifty day moving average price is $29.07 and its 200 day moving average price is $32.58. ProShares UltraShort Russell 2000 has a 1 year low of $26.33 and a 1 year high of $71.27.

ProShares UltraShort Russell 2000 Profile

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. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.