ProShares UltraPro Short Russell2000 (NYSEARCA:SRTY) Share Price Pass Above Two Hundred Day Moving Average of $48.39

Shares of ProShares UltraPro Short Russell2000 (NYSEARCA:SRTYGet Rating) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $48.39 and traded as high as $48.80. ProShares UltraPro Short Russell2000 shares last traded at $48.73, with a volume of 924,840 shares trading hands.

ProShares UltraPro Short Russell2000 Stock Performance

The company has a fifty day moving average price of $51.27 and a two-hundred day moving average price of $48.39.

Hedge Funds Weigh In On ProShares UltraPro Short Russell2000

A number of hedge funds have recently modified their holdings of SRTY. Jump Financial LLC acquired a new stake in ProShares UltraPro Short Russell2000 during the 3rd quarter valued at approximately $775,000. Game Plan Financial Advisors LLC increased its position in shares of ProShares UltraPro Short Russell2000 by 61.1% during the fourth quarter. Game Plan Financial Advisors LLC now owns 22,900 shares of the exchange traded fund’s stock worth $1,240,000 after buying an additional 8,684 shares during the period. Quantbot Technologies LP bought a new position in ProShares UltraPro Short Russell2000 during the third quarter worth $220,000. Creative Planning acquired a new position in ProShares UltraPro Short Russell2000 in the fourth quarter valued at $650,000. Finally, HighTower Advisors LLC boosted its position in ProShares UltraPro Short Russell2000 by 601.3% during the fourth quarter. HighTower Advisors LLC now owns 28,355 shares of the exchange traded fund’s stock valued at $1,529,000 after acquiring an additional 24,312 shares during the last quarter.

ProShares UltraPro Short Russell2000 Company Profile

(Get Rating)

ProShares UltraPro Short Russell2000 (the Fund) seeks daily investment results, which correspond to triple (300%) the inverse (opposite) of the daily performance of the Russell 2000 Index (the Index). The Fund seeks a return -300% of the return of an index for a single day. The Russell 2000 Index consists of 2,000 of the smallest United States-domiciled, publicly traded common stocks included in the Russell 3000 Index.

Further Reading

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