Morse Asset Management Inc Invests $156,000 in ProShares UltraPro Russell2000 (NYSEARCA:URTY)

Morse Asset Management Inc bought a new position in ProShares UltraPro Russell2000 (NYSEARCA:URTY) during the third quarter, HoldingsChannel reports. The firm bought 2,983 shares of the company’s stock, valued at approximately $156,000.

A number of other large investors also recently modified their holdings of the company. Signaturefd LLC bought a new position in shares of ProShares UltraPro Russell2000 in the 3rd quarter worth $30,000. Kwmg LLC bought a new position in shares of ProShares UltraPro Russell2000 in the 3rd quarter worth $212,000. Commonwealth Equity Services LLC lifted its holdings in shares of ProShares UltraPro Russell2000 by 54.9% in the 2nd quarter. Commonwealth Equity Services LLC now owns 12,638 shares of the company’s stock worth $546,000 after purchasing an additional 4,481 shares in the last quarter. Renaissance Technologies LLC bought a new position in shares of ProShares UltraPro Russell2000 in the 2nd quarter worth $801,000. Finally, IMC Chicago LLC lifted its stake in ProShares UltraPro Russell2000 by 34.7% during the 3rd quarter. IMC Chicago LLC now owns 73,800 shares of the company’s stock valued at $3,848,000 after acquiring an additional 19,021 shares in the last quarter.

ProShares UltraPro Russell2000 Stock Performance

Shares of NYSEARCA:URTY opened at $64.78 on Thursday. The stock’s fifty day simple moving average is $55.98 and its two-hundred day simple moving average is $50.18. ProShares UltraPro Russell2000 has a 1-year low of $35.70 and a 1-year high of $68.23.

About ProShares UltraPro Russell2000

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.