ProShares Ultra Russell 2000 $UWM Shares Sold by Global View Capital Management LLC

Global View Capital Management LLC decreased its holdings in shares of ProShares Ultra Russell 2000 (NYSEARCA:UWM) by 81.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,707 shares of the company’s stock after selling 76,629 shares during the quarter. Global View Capital Management LLC owned approximately 0.47% of ProShares Ultra Russell 2000 worth $1,004,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Client First Investment Management LLC acquired a new stake in ProShares Ultra Russell 2000 in the 2nd quarter valued at $8,040,000. Toth Financial Advisory Corp bought a new position in shares of ProShares Ultra Russell 2000 in the 3rd quarter valued at about $5,514,000. Genesee Capital Advisors LLC grew its holdings in shares of ProShares Ultra Russell 2000 by 63.0% in the 3rd quarter. Genesee Capital Advisors LLC now owns 32,663 shares of the company’s stock valued at $1,853,000 after acquiring an additional 12,629 shares in the last quarter. Atlatl Advisers LLC grew its holdings in shares of ProShares Ultra Russell 2000 by 2.5% in the 3rd quarter. Atlatl Advisers LLC now owns 12,766 shares of the company’s stock valued at $724,000 after acquiring an additional 316 shares in the last quarter. Finally, Independent Financial Group LLC acquired a new stake in shares of ProShares Ultra Russell 2000 in the first quarter valued at about $677,000.

ProShares Ultra Russell 2000 Stock Performance

NYSEARCA:UWM opened at $56.94 on Friday. ProShares Ultra Russell 2000 has a 52-week low of $40.92 and a 52-week high of $68.82. The company has a market cap of $216.37 million, a P/E ratio of 13.49 and a beta of 2.25. The stock’s 50-day simple moving average is $59.38 and its 200 day simple moving average is $58.27.

About ProShares Ultra Russell 2000

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.