Principal Securities Inc. Makes New Investment in ProShares Ultra Russell2000 (NYSEARCA:UWM)

Principal Securities Inc. bought a new position in ProShares Ultra Russell2000 (NYSEARCA:UWM) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm bought 5,744 shares of the company’s stock, valued at approximately $240,000.

Other institutional investors have also bought and sold shares of the company. Park Avenue Securities LLC purchased a new stake in shares of ProShares Ultra Russell2000 during the 4th quarter valued at approximately $8,240,000. Toth Financial Advisory Corp increased its holdings in ProShares Ultra Russell2000 by 42.5% in the 4th quarter. Toth Financial Advisory Corp now owns 64,975 shares of the company’s stock valued at $2,719,000 after purchasing an additional 19,373 shares during the last quarter. Quadrature Capital Ltd acquired a new stake in ProShares Ultra Russell2000 in the 3rd quarter valued at approximately $2,471,000. IMC Chicago LLC acquired a new stake in ProShares Ultra Russell2000 in the 4th quarter valued at approximately $1,495,000. Finally, Veracity Capital LLC acquired a new stake in ProShares Ultra Russell2000 in the 4th quarter valued at approximately $683,000.

ProShares Ultra Russell2000 Price Performance

UWM opened at $40.19 on Monday. The business has a fifty day moving average price of $43.16 and a 200 day moving average price of $43.52. ProShares Ultra Russell2000 has a 12 month low of $33.57 and a 12 month high of $51.87. The stock has a market capitalization of $395.87 million, a price-to-earnings ratio of 16.43 and a beta of 2.33.

About ProShares Ultra Russell2000

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.