Geneos Wealth Management Inc. Reduces Stock Holdings in ProShares Ultra Russell2000 (NYSEARCA:UWM)

Geneos Wealth Management Inc. cut its holdings in ProShares Ultra Russell2000 (NYSEARCA:UWM) by 32.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,477 shares of the company’s stock after selling 702 shares during the quarter. Geneos Wealth Management Inc.’s holdings in ProShares Ultra Russell2000 were worth $62,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Larson Financial Group LLC lifted its holdings in shares of ProShares Ultra Russell2000 by 62.7% in the third quarter. Larson Financial Group LLC now owns 2,603 shares of the company’s stock valued at $112,000 after purchasing an additional 1,003 shares in the last quarter. Peterson Financial Group Inc. acquired a new stake in ProShares Ultra Russell2000 during the 3rd quarter valued at $147,000. Arizona PSPRS Trust purchased a new position in ProShares Ultra Russell2000 during the third quarter worth $215,000. Flow Traders U.S. LLC purchased a new position in ProShares Ultra Russell2000 during the third quarter worth $286,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of ProShares Ultra Russell2000 during the third quarter valued at $312,000.

ProShares Ultra Russell2000 Trading Down 1.9 %

ProShares Ultra Russell2000 stock opened at $43.71 on Friday. The stock has a 50-day moving average price of $45.10 and a 200 day moving average price of $43.39. ProShares Ultra Russell2000 has a 52 week low of $33.57 and a 52 week high of $51.87.

ProShares Ultra Russell2000 Company Profile

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.