ProShares Ultra Russell 2000 $UWM Shares Bought by Cwm LLC

Cwm LLC grew its holdings in shares of ProShares Ultra Russell 2000 (NYSEARCA:UWM) by 91.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,004 shares of the company’s stock after purchasing an additional 30,122 shares during the period. Cwm LLC owned about 1.14% of ProShares Ultra Russell 2000 worth $2,962,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Bank of America Corp DE purchased a new position in shares of ProShares Ultra Russell 2000 in the third quarter valued at approximately $120,000. Silverleafe Capital Partners LLC purchased a new stake in ProShares Ultra Russell 2000 during the 3rd quarter worth approximately $227,000. Kingsview Wealth Management LLC purchased a new stake in ProShares Ultra Russell 2000 during the 3rd quarter worth approximately $228,000. Meridian Wealth Management LLC acquired a new stake in ProShares Ultra Russell 2000 during the 3rd quarter worth approximately $237,000. Finally, Flow Traders U.S. LLC acquired a new stake in ProShares Ultra Russell 2000 during the 2nd quarter worth approximately $263,000.

ProShares Ultra Russell 2000 Stock Down 0.7%

Shares of UWM stock opened at $57.39 on Friday. The firm has a 50 day moving average of $50.76 and a two-hundred day moving average of $49.72. The stock has a market capitalization of $252.52 million, a PE ratio of 13.49 and a beta of 2.17. ProShares Ultra Russell 2000 has a 52 week low of $29.60 and a 52 week high of $59.15.

ProShares Ultra Russell 2000 Company Profile

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.