Geneos Wealth Management Inc. Trims Position in ProShares Ultra Russell2000 (NYSEARCA:UWM)

Posted by ABMN Staff on Feb 1st, 2025

Geneos Wealth Management Inc. reduced its holdings in ProShares Ultra Russell2000 (NYSEARCA:UWM – Free Report) by 32.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,477 shares of the company’s stock after selling 702 shares during the period. Geneos Wealth Management Inc.’s holdings in ProShares Ultra Russell2000 were worth $62,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Renaissance Technologies LLC acquired a new position in ProShares Ultra Russell2000 during the second quarter valued at $450,000. Squarepoint Ops LLC purchased a new stake in shares of ProShares Ultra Russell2000 in the second quarter worth about $821,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in ProShares Ultra Russell2000 during the third quarter valued at approximately $312,000. Toth Financial Advisory Corp lifted its holdings in ProShares Ultra Russell2000 by 51.4% in the third quarter. Toth Financial Advisory Corp now owns 45,602 shares of the company’s stock valued at $1,958,000 after acquiring an additional 15,488 shares during the period. Finally, Capital Investment Counsel Inc grew its stake in shares of ProShares Ultra Russell2000 by 1.3% during the 3rd quarter. Capital Investment Counsel Inc now owns 53,796 shares of the company’s stock worth $2,309,000 after purchasing an additional 681 shares during the period.

ProShares Ultra Russell2000 Trading Down 1.9 %

UWM opened at $43.71 on Friday. The firm has a fifty day moving average price of $45.10 and a 200 day moving average price of $43.39. ProShares Ultra Russell2000 has a 1 year low of $33.57 and a 1 year high of $51.87.

ProShares Ultra Russell2000 Profile

(Free Report)

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.