ProShares UltraShort Russell2000 (NYSEARCA:TWM) Stock Price Down 0.1% – Here’s What Happened

ProShares UltraShort Russell2000 (NYSEARCA:TWM)’s share price traded down 0.1% on Wednesday . The stock traded as low as $41.64 and last traded at $41.64. 208,883 shares traded hands during mid-day trading, a decline of 77% from the average session volume of 901,230 shares. The stock had previously closed at $41.68.

ProShares UltraShort Russell2000 Price Performance

The business has a 50-day moving average of $45.07 and a 200-day moving average of $50.37.

Institutional Investors Weigh In On ProShares UltraShort Russell2000

An institutional investor recently raised its position in ProShares UltraShort Russell2000 stock. Jane Street Group LLC grew its position in shares of ProShares UltraShort Russell2000 (NYSEARCA:TWM) by 36.4% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 384,222 shares of the company’s stock after buying an additional 102,609 shares during the quarter. Jane Street Group LLC owned 7.17% of ProShares UltraShort Russell2000 worth $3,516,000 as of its most recent filing with the SEC.

ProShares UltraShort Russell2000 Company Profile

ProShares UltraShort Russell2000 (the Fund) seeks daily investment results that correspond to twice (200%) 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.