Toth Financial Advisory Corp Purchases 13,909 Shares of ProShares Ultra Russell 2000 $UWM

Toth Financial Advisory Corp boosted its position in shares of ProShares Ultra Russell 2000 (NYSEARCA:UWM) by 20.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 83,432 shares of the company’s stock after purchasing an additional 13,909 shares during the quarter. Toth Financial Advisory Corp owned about 1.60% of ProShares Ultra Russell 2000 worth $3,923,000 at the end of the most recent reporting period.

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

ProShares Ultra Russell 2000 Stock Performance

Shares of UWM opened at $47.87 on Friday. The company has a market cap of $222.60 million, a price-to-earnings ratio of 13.49 and a beta of 2.27. The business’s fifty day simple moving average is $50.49 and its two-hundred day simple moving average is $48.99. ProShares Ultra Russell 2000 has a 12 month low of $24.47 and a 12 month high of $56.97.

ProShares Ultra Russell 2000 Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Wednesday, March 25th were given a dividend of $0.0718 per share. The ex-dividend date of this dividend was Wednesday, March 25th. This represents a $0.29 annualized dividend and a dividend yield of 0.6%.

ProShares Ultra Russell 2000 Company 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.