Variant Private Wealth LLC Acquires 36,145 Shares of ProShares UltraPro Russell 2000 $URTY

Variant Private Wealth LLC increased its holdings in shares of ProShares UltraPro Russell 2000 (NYSEARCA:URTY) by 41.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 123,784 shares of the company’s stock after purchasing an additional 36,145 shares during the quarter. ProShares UltraPro Russell 2000 makes up about 5.1% of Variant Private Wealth LLC’s investment portfolio, making the stock its 8th biggest holding. Variant Private Wealth LLC owned 1.47% of ProShares UltraPro Russell 2000 worth $4,873,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in URTY. Stratos Wealth Partners LTD. boosted its stake in shares of ProShares UltraPro Russell 2000 by 13.6% during the 1st quarter. Stratos Wealth Partners LTD. now owns 14,862 shares of the company’s stock worth $510,000 after buying an additional 1,783 shares during the last quarter. Jump Financial LLC raised its holdings in ProShares UltraPro Russell 2000 by 20.9% during the first quarter. Jump Financial LLC now owns 25,857 shares of the company’s stock worth $887,000 after acquiring an additional 4,469 shares in the last quarter. Flow Traders U.S. LLC boosted its position in ProShares UltraPro Russell 2000 by 41.8% during the first quarter. Flow Traders U.S. LLC now owns 28,290 shares of the company’s stock valued at $971,000 after purchasing an additional 8,342 shares during the last quarter. Cassaday & Co Wealth Management LLC grew its stake in ProShares UltraPro Russell 2000 by 20.9% in the first quarter. Cassaday & Co Wealth Management LLC now owns 59,955 shares of the company’s stock valued at $2,058,000 after purchasing an additional 10,350 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC grew its stake in ProShares UltraPro Russell 2000 by 136.1% in the second quarter. Prime Capital Investment Advisors LLC now owns 67,988 shares of the company’s stock valued at $2,677,000 after purchasing an additional 39,195 shares in the last quarter.

ProShares UltraPro Russell 2000 Stock Up 3.1%

Shares of ProShares UltraPro Russell 2000 stock opened at $58.05 on Thursday. The stock has a market cap of $417.96 million, a P/E ratio of 16.35 and a beta of 3.41. ProShares UltraPro Russell 2000 has a 12-month low of $21.15 and a 12-month high of $68.23. The business’s 50 day moving average is $50.26 and its 200-day moving average is $40.53.

ProShares UltraPro Russell 2000 Company Profile

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.