11,731 Shares in ProShares Short Russell2000 $RWM Acquired by West Michigan Advisors LLC

West Michigan Advisors LLC bought a new position in ProShares Short Russell2000 (NYSEARCA:RWM) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 11,731 shares of the company’s stock, valued at approximately $223,000. West Michigan Advisors LLC owned about 0.16% of ProShares Short Russell2000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in RWM. Comerica Bank bought a new stake in shares of ProShares Short Russell2000 in the 1st quarter worth approximately $116,000. Resonant Capital Advisors LLC bought a new stake in shares of ProShares Short Russell2000 in the 1st quarter valued at about $227,000. Mutual Advisors LLC bought a new stake in shares of ProShares Short Russell2000 in the 1st quarter valued at about $249,000. Belpointe Asset Management LLC bought a new stake in shares of ProShares Short Russell2000 in the 1st quarter valued at about $644,000. Finally, Kovack Advisors Inc. bought a new stake in shares of ProShares Short Russell2000 in the 1st quarter valued at about $1,090,000.

ProShares Short Russell2000 Price Performance

NYSEARCA RWM opened at $16.30 on Friday. ProShares Short Russell2000 has a 1-year low of $16.08 and a 1-year high of $23.99. The stock has a 50-day moving average of $17.00 and a 200-day moving average of $18.71.

About ProShares Short Russell2000

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.