Millington Financial Advisors LLC lessened its position in ProShares UltraPro Russell2000 (NYSEARCA:URTY – Free Report) by 5.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 13,729 shares of the company’s stock after selling 792 shares during the period. Millington Financial Advisors LLC’s holdings in ProShares UltraPro Russell2000 were worth $691,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently modified their holdings of URTY. Signaturefd LLC bought a new stake in shares of ProShares UltraPro Russell2000 in the 3rd quarter worth $30,000. JPMorgan Chase & Co. bought a new stake in shares of ProShares UltraPro Russell2000 in the 3rd quarter worth $49,000. Morse Asset Management Inc bought a new stake in shares of ProShares UltraPro Russell2000 in the 3rd quarter worth $156,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in shares of ProShares UltraPro Russell2000 in the 4th quarter worth $255,000. Finally, Stratos Wealth Partners LTD. grew its holdings in shares of ProShares UltraPro Russell2000 by 23.6% in the 4th quarter. Stratos Wealth Partners LTD. now owns 13,079 shares of the company’s stock worth $644,000 after acquiring an additional 2,500 shares during the last quarter.
ProShares UltraPro Russell2000 Stock Down 2.1 %
Shares of NYSEARCA URTY opened at $44.74 on Tuesday. The stock has a market capitalization of $357.92 million, a price-to-earnings ratio of 15.69 and a beta of 3.47. The stock’s fifty day simple moving average is $51.31 and its 200 day simple moving average is $52.73. ProShares UltraPro Russell2000 has a 52-week low of $37.54 and a 52-week high of $68.23.
About ProShares UltraPro Russell2000
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.
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