ProShares UltraPro Short Russell 2000 (NYSEARCA:SRTY) Share Price Cross Above 200 Day Moving Average – Here’s Why

ProShares UltraPro Short Russell 2000 (NYSEARCA:SRTY) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $42.30 and traded as high as $42.57. ProShares UltraPro Short Russell 2000 shares last traded at $38.24, with a volume of 1,922,513 shares trading hands.

ProShares UltraPro Short Russell 2000 Stock Down 3.2%

The stock has a fifty day simple moving average of $35.62 and a two-hundred day simple moving average of $42.30.

Institutional Trading of ProShares UltraPro Short Russell 2000

Large investors have recently bought and sold shares of the business. Jump Financial LLC acquired a new stake in ProShares UltraPro Short Russell 2000 in the fourth quarter valued at approximately $4,824,000. UBS Group AG increased its holdings in shares of ProShares UltraPro Short Russell 2000 by 6,059.5% during the third quarter. UBS Group AG now owns 100,955 shares of the exchange traded fund’s stock worth $1,187,000 after buying an additional 99,316 shares in the last quarter. Flow Traders U.S. LLC bought a new position in shares of ProShares UltraPro Short Russell 2000 in the 2nd quarter valued at $347,000. Qube Research & Technologies Ltd lifted its stake in shares of ProShares UltraPro Short Russell 2000 by 180.7% in the 3rd quarter. Qube Research & Technologies Ltd now owns 24,338 shares of the exchange traded fund’s stock valued at $286,000 after acquiring an additional 15,668 shares during the last quarter. Finally, XTX Topco Ltd acquired a new stake in shares of ProShares UltraPro Short Russell 2000 during the 4th quarter valued at $508,000.

ProShares UltraPro Short Russell 2000 Company Profile

ProShares UltraPro Short Russell2000 (the Fund) seeks daily investment results, which correspond to triple (300%) the inverse (opposite) of the daily performance of the Russell 2000 Index (the Index). The Fund seeks a return -300% of the return of an index for a single day. The Russell 2000 Index consists of 2,000 of the smallest United States-domiciled, publicly traded common stocks included in the Russell 3000 Index. The investment advisor of the Fund is ProShare Advisors LLC (ProShare Advisors).