Toth Financial Advisory Corp Cuts Stake in ProShares Ultra Russell 2000 (NYSEARCA:UWM)

Toth Financial Advisory Corp lowered its stake in shares of ProShares Ultra Russell 2000 (NYSEARCA:UWM) by 20.2% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 51,825 shares of the company’s stock after selling 13,150 shares during the quarter. Toth Financial Advisory Corp owned approximately 0.54% of ProShares Ultra Russell 2000 worth $1,733,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its stake in shares of ProShares Ultra Russell 2000 by 50,502.1% in the fourth quarter. Envestnet Asset Management Inc. now owns 3,019,931 shares of the company’s stock valued at $126,384,000 after buying an additional 3,013,963 shares during the period. Personal CFO Solutions LLC bought a new position in shares of ProShares Ultra Russell 2000 during the 4th quarter worth $15,290,000. Envestnet Portfolio Solutions Inc. purchased a new stake in ProShares Ultra Russell 2000 in the 4th quarter worth about $13,371,000. Park Avenue Securities LLC raised its stake in ProShares Ultra Russell 2000 by 30.1% in the 1st quarter. Park Avenue Securities LLC now owns 256,145 shares of the company’s stock valued at $8,565,000 after acquiring an additional 59,258 shares during the period. Finally, Atria Investments Inc bought a new stake in ProShares Ultra Russell 2000 in the 4th quarter valued at about $4,483,000.

ProShares Ultra Russell 2000 Stock Up 3.2%

NYSEARCA UWM opened at $36.31 on Monday. The company has a market cap of $328.61 million, a PE ratio of 13.49 and a beta of 2.22. ProShares Ultra Russell 2000 has a 52 week low of $24.47 and a 52 week high of $51.87. The firm’s 50-day simple moving average is $31.78 and its two-hundred day simple moving average is $38.49.

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.