68,080 Shares in ProShares Ultra Russell 2000 $UWM Bought by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC bought a new stake in ProShares Ultra Russell 2000 (NYSEARCA:UWM) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 68,080 shares of the company’s stock, valued at approximately $3,201,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. North Capital Inc. acquired a new stake in ProShares Ultra Russell 2000 in the 3rd quarter valued at about $58,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of ProShares Ultra Russell 2000 by 18.0% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,813 shares of the company’s stock valued at $84,000 after purchasing an additional 276 shares in the last quarter. Bank of America Corp DE purchased a new position in shares of ProShares Ultra Russell 2000 during the 3rd quarter worth approximately $120,000. Silverleafe Capital Partners LLC acquired a new position in shares of ProShares Ultra Russell 2000 during the 3rd quarter worth approximately $227,000. Finally, Kingsview Wealth Management LLC purchased a new stake in ProShares Ultra Russell 2000 in the 3rd quarter valued at approximately $228,000.

ProShares Ultra Russell 2000 Stock Performance

Shares of NYSEARCA:UWM opened at $44.96 on Monday. The business’s fifty day moving average price is $51.30 and its two-hundred day moving average price is $49.00. The stock has a market cap of $254.02 million, a PE ratio of 13.49 and a beta of 2.27. ProShares Ultra Russell 2000 has a one year low of $24.47 and a one year high of $56.97.

ProShares Ultra Russell 2000 Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Wednesday, March 25th will be issued a dividend of $0.0718 per share. This represents a $0.29 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Wednesday, March 25th.

ProShares Ultra Russell 2000 Profile

The ProShares Ultra Russell2000 (UWM) is an exchange-traded fund that is based on the Russell 2000 index. The fund provides 2x leveraged exposure to a market-cap-weighted index of US small-cap companies. UWM was launched on Jan 23, 2007 and is managed by ProShares.