MFG Wealth Management Inc. Has $4.96 Million Stock Holdings in ProShares UltraPro Russell 2000 $URTY

MFG Wealth Management Inc. cut its stake in ProShares UltraPro Russell 2000 (NYSEARCA:URTY) by 25.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 56,761 shares of the company’s stock after selling 19,212 shares during the period. ProShares UltraPro Russell 2000 accounts for approximately 3.5% of MFG Wealth Management Inc.’s portfolio, making the stock its largest position. MFG Wealth Management Inc. owned 1.38% of ProShares UltraPro Russell 2000 worth $4,958,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of URTY. Simplex Trading LLC raised its position in shares of ProShares UltraPro Russell 2000 by 287.6% in the 4th quarter. Simplex Trading LLC now owns 1,031 shares of the company’s stock worth $55,000 after acquiring an additional 765 shares in the last quarter. Group One Trading LLC boosted its position in shares of ProShares UltraPro Russell 2000 by 548.0% during the second quarter. Group One Trading LLC now owns 1,756 shares of the company’s stock valued at $69,000 after purchasing an additional 1,485 shares in the last quarter. Farther Finance Advisors LLC bought a new stake in shares of ProShares UltraPro Russell 2000 during the fourth quarter valued at approximately $99,000. Kestra Advisory Services LLC grew its stake in ProShares UltraPro Russell 2000 by 22.1% in the fourth quarter. Kestra Advisory Services LLC now owns 5,520 shares of the company’s stock worth $294,000 after purchasing an additional 1,000 shares during the period. Finally, Headlands Technologies LLC purchased a new stake in ProShares UltraPro Russell 2000 in the fourth quarter worth $378,000.

ProShares UltraPro Russell 2000 Trading Up 3.3%

URTY opened at $86.88 on Friday. The company has a market cap of $351.86 million, a price-to-earnings ratio of 16.35 and a beta of 3.31. The stock has a fifty day simple moving average of $81.86 and a two-hundred day simple moving average of $70.17. ProShares UltraPro Russell 2000 has a 12-month low of $40.68 and a 12-month high of $89.39.

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.