Gladstone Institutional Advisory LLC increased its position in shares of ProShares Short Russell2000 (NYSEARCA:RWM) by 127.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,341 shares of the company’s stock after acquiring an additional 10,265 shares during the period. Gladstone Institutional Advisory LLC owned approximately 0.25% of ProShares Short Russell2000 worth $746,000 at the end of the most recent quarter.
A number of other large investors have also recently added to or reduced their stakes in the stock. Capital Investment Advisory Services LLC purchased a new position in ProShares Short Russell2000 during the 4th quarter valued at about $47,000. Financial Sense Advisors Inc. purchased a new position in ProShares Short Russell2000 during the 1st quarter valued at about $244,000. Sigma Planning Corp purchased a new position in ProShares Short Russell2000 during the 4th quarter valued at about $288,000. Oppenheimer & Co. Inc. purchased a new position in ProShares Short Russell2000 during the 1st quarter valued at about $318,000. Finally, Ironsides Asset Advisors LLC purchased a new position in ProShares Short Russell2000 during the 1st quarter valued at about $605,000.
Shares of ProShares Short Russell2000 stock traded up $0.07 during trading on Wednesday, hitting $41.09. 389,552 shares of the stock traded hands, compared to its average volume of 659,772. ProShares Short Russell2000 has a twelve month low of $36.82 and a twelve month high of $49.93. The business’s fifty day moving average is $41.06.
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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