Headlands Technologies LLC Acquires Shares of 1,251 ProShares UltraShort Russell2000 (NYSEARCA:TWM)

Headlands Technologies LLC bought a new position in shares of ProShares UltraShort Russell2000 (NYSEARCA:TWMFree Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,251 shares of the company’s stock, valued at approximately $56,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Powell Investment Advisors LLC bought a new position in ProShares UltraShort Russell2000 during the 4th quarter worth $502,000. IMC Chicago LLC bought a new position in shares of ProShares UltraShort Russell2000 in the fourth quarter worth $1,452,000. Finally, Jane Street Group LLC raised its stake in ProShares UltraShort Russell2000 by 36.4% in the third quarter. Jane Street Group LLC now owns 384,222 shares of the company’s stock valued at $3,516,000 after purchasing an additional 102,609 shares in the last quarter.

ProShares UltraShort Russell2000 Stock Up 1.4 %

TWM opened at $65.09 on Tuesday. ProShares UltraShort Russell2000 has a twelve month low of $36.93 and a twelve month high of $70.85. The company has a 50-day simple moving average of $48.63 and a 200 day simple moving average of $45.12.

ProShares UltraShort Russell2000 Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, April 1st. Investors of record on Wednesday, March 26th were given a dividend of $0.4183 per share. The ex-dividend date of this dividend was Wednesday, March 26th.

About ProShares UltraShort Russell2000

(Free Report)

ProShares UltraShort Russell2000 (the Fund) seeks daily investment results that correspond to twice (200%) 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.

See Also

Institutional Ownership by Quarter for ProShares UltraShort Russell2000 (NYSEARCA:TWM)

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