Northwestern Mutual Wealth Management Co. grew its holdings in ProShares Short Russell2000 (NYSEARCA:RWM – Free Report) by 492,402.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 433,402 shares of the company’s stock after purchasing an additional 433,314 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.06% of ProShares Short Russell2000 worth $7,095,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also modified their holdings of the company. Group One Trading LLC lifted its stake in shares of ProShares Short Russell2000 by 74.7% in the 2nd quarter. Group One Trading LLC now owns 2,970 shares of the company’s stock valued at $56,000 after purchasing an additional 1,270 shares during the last quarter. Resonant Capital Advisors LLC lifted its stake in shares of ProShares Short Russell2000 by 49.7% in the 4th quarter. Resonant Capital Advisors LLC now owns 15,346 shares of the company’s stock valued at $251,000 after purchasing an additional 5,092 shares during the last quarter. Alpha Advisors LLC VA acquired a new position in shares of ProShares Short Russell2000 in the 3rd quarter valued at $278,000. Flow Traders U.S. LLC acquired a new position in shares of ProShares Short Russell2000 in the 2nd quarter valued at $302,000. Finally, Headlands Technologies LLC acquired a new position in shares of ProShares Short Russell2000 in the 2nd quarter valued at $391,000.
ProShares Short Russell2000 Stock Down 0.8%
Shares of ProShares Short Russell2000 stock opened at $14.17 on Friday. ProShares Short Russell2000 has a 52 week low of $14.03 and a 52 week high of $20.52. The business’s fifty day simple moving average is $15.25 and its 200-day simple moving average is $15.72.
ProShares Short Russell2000 Profile
ProShares Short Russell2000 (the Fund) seeks daily investment results that correspond to 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.
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