Aveo Capital Partners LLC Sells 93,661 Shares of ProShares Ultra Russell2000 (NYSEARCA:UWM)

Aveo Capital Partners LLC cut its position in ProShares Ultra Russell2000 (NYSEARCA:UWM) by 75.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,802 shares of the company’s stock after selling 93,661 shares during the quarter. Aveo Capital Partners LLC owned 0.54% of ProShares Ultra Russell2000 worth $1,247,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of UWM. Flow Traders U.S. LLC bought a new position in shares of ProShares Ultra Russell2000 during the third quarter worth about $286,000. Larson Financial Group LLC raised its position in shares of ProShares Ultra Russell2000 by 62.7% during the third quarter. Larson Financial Group LLC now owns 2,603 shares of the company’s stock worth $112,000 after acquiring an additional 1,003 shares during the last quarter. Peterson Financial Group Inc. bought a new position in shares of ProShares Ultra Russell2000 during the third quarter worth about $147,000. Silverleafe Capital Partners LLC bought a new position in shares of ProShares Ultra Russell2000 during the fourth quarter worth about $344,000. Finally, IMC Chicago LLC bought a new position in shares of ProShares Ultra Russell2000 during the fourth quarter worth about $1,495,000.

ProShares Ultra Russell2000 Trading Down 0.2 %

Shares of UWM stock opened at $43.37 on Friday. The stock has a 50 day simple moving average of $43.81 and a two-hundred day simple moving average of $43.38. ProShares Ultra Russell2000 has a fifty-two week low of $33.57 and a fifty-two week high of $51.87.

ProShares Ultra Russell2000 Profile

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.