66,382 Shares in ProShares UltraPro Russell2000 (NYSEARCA:URTY) Purchased by MFG Wealth Management Inc.

MFG Wealth Management Inc. acquired a new stake in ProShares UltraPro Russell2000 (NYSEARCA:URTY) in the fourth quarter, Holdings Channel reports. The fund acquired 66,382 shares of the company’s stock, valued at approximately $3,267,000. ProShares UltraPro Russell2000 accounts for 3.0% of MFG Wealth Management Inc.’s investment portfolio, making the stock its 8th biggest position.

Other institutional investors have also recently bought and sold shares of the company. Signaturefd LLC acquired a new position in ProShares UltraPro Russell2000 during the third quarter worth about $30,000. JPMorgan Chase & Co. bought a new stake in shares of ProShares UltraPro Russell2000 during the 3rd quarter valued at approximately $49,000. Morse Asset Management Inc acquired a new position in ProShares UltraPro Russell2000 during the 3rd quarter worth approximately $156,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in ProShares UltraPro Russell2000 during the 4th quarter worth approximately $255,000. Finally, Stratos Wealth Partners LTD. lifted its stake in ProShares UltraPro Russell2000 by 23.6% in the 4th quarter. Stratos Wealth Partners LTD. now owns 13,079 shares of the company’s stock valued at $644,000 after purchasing an additional 2,500 shares during the last quarter.

ProShares UltraPro Russell2000 Trading Down 2.8 %

Shares of URTY opened at $49.93 on Thursday. ProShares UltraPro Russell2000 has a 52 week low of $37.54 and a 52 week high of $68.23. The stock has a fifty day moving average of $53.11 and a 200-day moving average of $52.63.

ProShares UltraPro Russell2000 Profile

The ProShares UltraPro Russell2000 (URTY) is an exchange-traded fund that is based on the Russell 2000 index. The fund provides 3x leveraged exposure to a market-cap-weighted index of US small-cap companies. URTY was launched on Feb 11, 2010 and is managed by ProShares.