West Michigan Advisors LLC Takes Position in ProShares Short Russell2000 $RWM

West Michigan Advisors LLC purchased a new stake in shares of ProShares Short Russell2000 (NYSEARCA:RWMFree Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 11,731 shares of the company’s stock, valued at approximately $223,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of RWM. One Plus One Wealth Management LLC raised its holdings in ProShares Short Russell2000 by 32.8% in the 2nd quarter. One Plus One Wealth Management LLC now owns 232,328 shares of the company’s stock worth $4,372,000 after purchasing an additional 57,339 shares during the period. HighTower Advisors LLC purchased a new stake in ProShares Short Russell2000 in the 1st quarter worth $4,730,000. Jane Street Group LLC increased its stake in ProShares Short Russell2000 by 577.0% in the 1st quarter. Jane Street Group LLC now owns 172,386 shares of the company’s stock worth $3,577,000 after buying an additional 146,924 shares in the last quarter. Savvy Advisors Inc. increased its stake in ProShares Short Russell2000 by 15.4% in the 1st quarter. Savvy Advisors Inc. now owns 136,263 shares of the company’s stock worth $2,827,000 after buying an additional 18,194 shares in the last quarter. Finally, AFG Fiduciary Services Limited Partnership purchased a new stake in ProShares Short Russell2000 in the 2nd quarter worth $2,516,000.

ProShares Short Russell2000 Trading Down 1.2%

Shares of RWM stock opened at $16.30 on Friday. The stock has a fifty day simple moving average of $17.00 and a two-hundred day simple moving average of $18.71. ProShares Short Russell2000 has a 52-week low of $16.08 and a 52-week high of $23.99.

ProShares Short Russell2000 Profile

(Free Report)

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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Want to see what other hedge funds are holding RWM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Short Russell2000 (NYSEARCA:RWMFree Report).

Institutional Ownership by Quarter for ProShares Short Russell2000 (NYSEARCA:RWM)

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