Hillsdale Investment Management Inc. Has $1.63 Million Stock Holdings in ProShares UltraShort Russell2000 (NYSEARCA:TWM)

Hillsdale Investment Management Inc. reduced its position in ProShares UltraShort Russell2000 (NYSEARCA:TWM) by 75.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 36,722 shares of the company’s stock after selling 114,288 shares during the period. Hillsdale Investment Management Inc. owned 0.69% of ProShares UltraShort Russell2000 worth $1,632,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in TWM. Powell Investment Advisors LLC acquired a new position in ProShares UltraShort Russell2000 in the fourth quarter valued at approximately $502,000. IMC Chicago LLC acquired a new position in shares of ProShares UltraShort Russell2000 in the 4th quarter valued at $1,452,000. Finally, Jane Street Group LLC boosted its position in shares of ProShares UltraShort Russell2000 by 36.4% in the 3rd quarter. Jane Street Group LLC now owns 384,222 shares of the company’s stock worth $3,516,000 after purchasing an additional 102,609 shares during the last quarter.

ProShares UltraShort Russell2000 Trading Up 1.4 %

NYSEARCA TWM opened at $52.09 on Friday. ProShares UltraShort Russell2000 has a 12 month low of $36.93 and a 12 month high of $63.43. The stock has a 50-day simple moving average of $45.98 and a 200 day simple moving average of $44.78.

About ProShares UltraShort Russell2000

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.