Cambridge Investment Research Advisors Inc. Boosts Stock Position in ProShares Short Russell2000 (NYSEARCA:RWM)

Cambridge Investment Research Advisors Inc. boosted its position in ProShares Short Russell2000 (NYSEARCA:RWM – Get Rating) by 178.6% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 23,799 shares of the company’s stock after purchasing an additional 15,258 shares during the quarter. Cambridge Investment Research Advisors Inc. owned approximately 0.10% of ProShares Short Russell2000 worth $627,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. SVB Wealth LLC raised its stake in shares of ProShares Short Russell2000 by 3.1% during the 2nd quarter. SVB Wealth LLC now owns 26,152 shares of the company’s stock worth $681,000 after acquiring an additional 775 shares in the last quarter. Brookstone Capital Management grew its holdings in ProShares Short Russell2000 by 4.1% in the third quarter. Brookstone Capital Management now owns 29,713 shares of the company’s stock worth $771,000 after purchasing an additional 1,182 shares during the last quarter. Belpointe Asset Management LLC increased its position in shares of ProShares Short Russell2000 by 1.3% during the second quarter. Belpointe Asset Management LLC now owns 130,532 shares of the company’s stock worth $3,399,000 after purchasing an additional 1,629 shares in the last quarter. Antonetti Capital Management LLC purchased a new stake in shares of ProShares Short Russell2000 during the 2nd quarter valued at $49,000. Finally, Selective Wealth Management Inc. acquired a new stake in shares of ProShares Short Russell2000 in the 2nd quarter worth $62,000.

ProShares Short Russell2000 Stock Performance

Shares of RWM stock opened at $24.17 on Monday. The stock’s fifty day moving average price is $24.01 and its 200 day moving average price is $24.31. ProShares Short Russell2000 has a 1-year low of $21.05 and a 1-year high of $27.14.

ProShares Short Russell2000 Profile

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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.