Cerity Partners LLC Acquires Shares of 10,000 ProShares UltraPro Russell 2000 (NYSEARCA:URTY)

Cerity Partners LLC bought a new position in shares of ProShares UltraPro Russell 2000 (NYSEARCA:URTY) during the fourth quarter, according to its most recent filing with the SEC. The fund bought 10,000 shares of the company’s stock, valued at approximately $492,000.

Other hedge funds also recently modified their holdings of the company. US Bancorp DE increased its position in shares of ProShares UltraPro Russell 2000 by 10,040.0% during the fourth quarter. US Bancorp DE now owns 507 shares of the company’s stock valued at $25,000 after buying an additional 502 shares during the period. JPMorgan Chase & Co. purchased a new stake in ProShares UltraPro Russell 2000 in the third quarter worth approximately $49,000. Stratos Wealth Partners LTD. raised its position in ProShares UltraPro Russell 2000 by 23.6% in the 4th quarter. Stratos Wealth Partners LTD. now owns 13,079 shares of the company’s stock worth $644,000 after purchasing an additional 2,500 shares during the period. Morse Asset Management Inc purchased a new position in shares of ProShares UltraPro Russell 2000 in the third quarter worth about $156,000. Finally, Cassaday & Co Wealth Management LLC boosted its stake in shares of ProShares UltraPro Russell 2000 by 7.5% during the fourth quarter. Cassaday & Co Wealth Management LLC now owns 49,605 shares of the company’s stock valued at $2,441,000 after purchasing an additional 3,450 shares during the period.

ProShares UltraPro Russell 2000 Stock Performance

URTY opened at $24.77 on Tuesday. ProShares UltraPro Russell 2000 has a 52-week low of $21.15 and a 52-week high of $68.23. The stock has a market capitalization of $230.36 million, a PE ratio of 12.78 and a beta of 3.32. The stock’s 50 day moving average price is $36.25 and its 200-day moving average price is $48.24.

ProShares UltraPro Russell 2000 Profile

The ProShares UltraPro Russell2000 (URTY) is an exchange-traded fund that is based on the Russell 2000 index. The fund provides 3x leveraged exposure to a market-cap-weighted index of US small-cap companies. URTY was launched on Feb 11, 2010 and is managed by ProShares.