One Plus One Wealth Management LLC Buys New Position in ProShares Short Russell2000 (NYSEARCA:RWM)

One Plus One Wealth Management LLC bought a new stake in shares of ProShares Short Russell2000 (NYSEARCA:RWM) during the 4th quarter, according to its most recent filing with the SEC. The firm bought 356,206 shares of the company’s stock, valued at approximately $6,675,000. ProShares Short Russell2000 accounts for 3.9% of One Plus One Wealth Management LLC’s holdings, making the stock its 5th biggest position. One Plus One Wealth Management LLC owned 4.28% of ProShares Short Russell2000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. West Michigan Advisors LLC purchased a new stake in ProShares Short Russell2000 during the 3rd quarter worth approximately $1,209,000. Prospera Private Wealth LLC purchased a new stake in ProShares Short Russell2000 during the 3rd quarter worth approximately $33,000. Integrated Wealth Concepts LLC purchased a new stake in ProShares Short Russell2000 during the 3rd quarter worth approximately $561,000. Jane Street Group LLC increased its holdings in ProShares Short Russell2000 by 685.4% during the 3rd quarter. Jane Street Group LLC now owns 107,030 shares of the company’s stock worth $2,024,000 after purchasing an additional 93,402 shares during the last quarter. Finally, Eastern Bank purchased a new stake in ProShares Short Russell2000 during the 4th quarter worth approximately $156,000.

ProShares Short Russell2000 Stock Performance

RWM stock opened at $18.62 on Thursday. ProShares Short Russell2000 has a 52-week low of $17.14 and a 52-week high of $22.13. The stock’s 50 day moving average is $18.38 and its two-hundred day moving average is $18.84.

ProShares Short Russell2000 Company Profile

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.