Ridgepath Capital Management LLC Buys Shares of 140,619 ProShares UltraPro Short Russell 2000 $SRTY

Ridgepath Capital Management LLC purchased a new position in shares of ProShares UltraPro Short Russell 2000 (NYSEARCA:SRTY) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 140,619 shares of the exchange traded fund’s stock, valued at approximately $5,588,000. ProShares UltraPro Short Russell 2000 accounts for approximately 2.8% of Ridgepath Capital Management LLC’s investment portfolio, making the stock its 11th biggest position. Ridgepath Capital Management LLC owned about 4.87% of ProShares UltraPro Short Russell 2000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SRTY. XTX Topco Ltd acquired a new position in ProShares UltraPro Short Russell 2000 during the fourth quarter worth about $508,000. Jump Financial LLC purchased a new stake in ProShares UltraPro Short Russell 2000 during the fourth quarter worth $4,824,000. Qube Research & Technologies Ltd grew its holdings in ProShares UltraPro Short Russell 2000 by 180.7% in the third quarter. Qube Research & Technologies Ltd now owns 24,338 shares of the exchange traded fund’s stock valued at $286,000 after purchasing an additional 15,668 shares during the last quarter. UBS Group AG grew its holdings in ProShares UltraPro Short Russell 2000 by 6,059.5% in the third quarter. UBS Group AG now owns 100,955 shares of the exchange traded fund’s stock valued at $1,187,000 after purchasing an additional 99,316 shares during the last quarter. Finally, Group One Trading LLC increased its position in shares of ProShares UltraPro Short Russell 2000 by 278.0% in the third quarter. Group One Trading LLC now owns 5,828 shares of the exchange traded fund’s stock valued at $69,000 after buying an additional 4,286 shares in the last quarter.

ProShares UltraPro Short Russell 2000 Stock Up 1.8%

NYSEARCA:SRTY opened at $23.29 on Tuesday. ProShares UltraPro Short Russell 2000 has a 52-week low of $20.90 and a 52-week high of $71.44. The stock has a fifty day simple moving average of $24.04 and a 200-day simple moving average of $31.19.

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).