Oppenheimer & Co. Inc. Invests $641,000 in ProShares Short Russell2000 (NYSEARCA:RWM)

Oppenheimer & Co. Inc. purchased a new position in ProShares Short Russell2000 (NYSEARCA:RWM) in the third quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 15,782 shares of the company’s stock, valued at approximately $641,000. Oppenheimer & Co. Inc. owned 0.21% of ProShares Short Russell2000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of RWM. Centric Wealth Management acquired a new stake in shares of ProShares Short Russell2000 in the 2nd quarter worth approximately $529,000. Juncture Wealth Strategies LLC lifted its stake in ProShares Short Russell2000 by 6.6% during the second quarter. Juncture Wealth Strategies LLC now owns 59,105 shares of the company’s stock valued at $2,354,000 after purchasing an additional 3,649 shares during the last quarter. Ballew Advisors Inc lifted its stake in ProShares Short Russell2000 by 36.9% during the second quarter. Ballew Advisors Inc now owns 61,269 shares of the company’s stock valued at $2,448,000 after purchasing an additional 16,500 shares during the last quarter. Wells Fargo & Company MN lifted its stake in ProShares Short Russell2000 by 33.2% during the second quarter. Wells Fargo & Company MN now owns 587,493 shares of the company’s stock valued at $23,399,000 after purchasing an additional 146,438 shares during the last quarter. Finally, LPL Financial LLC lifted its stake in ProShares Short Russell2000 by 40.4% during the second quarter. LPL Financial LLC now owns 75,032 shares of the company’s stock valued at $2,989,000 after purchasing an additional 21,587 shares during the last quarter.

RWM stock opened at $38.68 on Friday. ProShares Short Russell2000 has a 12 month low of $38.34 and a 12 month high of $49.93. The firm has a 50 day simple moving average of $40.19 and a 200 day simple moving average of $40.54.

About ProShares Short Russell2000

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.

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Institutional Ownership by Quarter for ProShares Short Russell2000 (NYSEARCA:RWM)

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