MFG Wealth Management Inc. Acquires New Shares in ProShares UltraPro Russell2000 (NYSEARCA:URTY)

MFG Wealth Management Inc. bought a new position in shares of ProShares UltraPro Russell2000 (NYSEARCA:URTY) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 66,382 shares of the company’s stock, valued at approximately $3,267,000. ProShares UltraPro Russell2000 comprises 3.0% of MFG Wealth Management Inc.’s holdings, making the stock its 8th largest holding. MFG Wealth Management Inc. owned approximately 0.60% of ProShares UltraPro Russell2000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in shares of ProShares UltraPro Russell2000 during the fourth quarter worth $255,000. Stratos Wealth Partners LTD. increased its holdings in ProShares UltraPro Russell2000 by 23.6% during the 4th quarter. Stratos Wealth Partners LTD. now owns 13,079 shares of the company’s stock worth $644,000 after purchasing an additional 2,500 shares in the last quarter. JPMorgan Chase & Co. acquired a new stake in shares of ProShares UltraPro Russell2000 in the 3rd quarter valued at about $49,000. World Investment Advisors LLC bought a new stake in shares of ProShares UltraPro Russell2000 in the third quarter valued at about $1,468,000. Finally, Quadrature Capital Ltd bought a new stake in shares of ProShares UltraPro Russell2000 in the third quarter valued at about $4,157,000.

ProShares UltraPro Russell2000 Stock Down 2.8 %

Shares of URTY opened at $49.93 on Thursday. The company has a 50 day moving average of $53.11 and a 200-day moving average of $52.63. ProShares UltraPro Russell2000 has a twelve month low of $37.54 and a twelve month high of $68.23.

ProShares UltraPro Russell2000 Company Profile

The ProShares UltraPro Russell2000 (URTY) is an exchange-traded fund that is based on the Russell 2000 index. The fund provides 3x leveraged exposure to a market-cap-weighted index of US small-cap companies. URTY was launched on Feb 11, 2010 and is managed by ProShares.