Simplicity Wealth LLC Purchases 11,339 Shares of ProShares Ultra Russell 2000 (NYSEARCA:UWM)

Simplicity Wealth LLC lifted its position in shares of ProShares Ultra Russell 2000 (NYSEARCA:UWM) by 12.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 101,911 shares of the company’s stock after acquiring an additional 11,339 shares during the period. Simplicity Wealth LLC owned approximately 1.07% of ProShares Ultra Russell 2000 worth $3,408,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. IMC Chicago LLC increased its position in shares of ProShares Ultra Russell 2000 by 101.4% during the first quarter. IMC Chicago LLC now owns 71,955 shares of the company’s stock valued at $2,406,000 after acquiring an additional 36,236 shares in the last quarter. Park Avenue Securities LLC grew its position 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 worth $8,565,000 after purchasing an additional 59,258 shares during the period. Thurston Springer Miller Herd & Titak Inc. grew its position in ProShares Ultra Russell 2000 by 12.5% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 8,386 shares of the company’s stock worth $280,000 after purchasing an additional 934 shares during the period. B. Riley Wealth Advisors Inc. bought a new stake in ProShares Ultra Russell 2000 in the 4th quarter worth approximately $659,000. Finally, Integrated Advisors Network LLC grew its position in ProShares Ultra Russell 2000 by 141.2% in the 4th quarter. Integrated Advisors Network LLC now owns 23,725 shares of the company’s stock worth $993,000 after purchasing an additional 13,887 shares during the period.

ProShares Ultra Russell 2000 Trading Up 1.5%

NYSEARCA:UWM opened at $36.84 on Tuesday. ProShares Ultra Russell 2000 has a 12 month low of $24.47 and a 12 month high of $51.87. The company has a market cap of $333.40 million, a PE ratio of 13.49 and a beta of 2.22. The company has a 50 day simple moving average of $31.83 and a two-hundred day simple moving average of $38.40.

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.