TAP Consulting LLC Reduces Position in ProShares Short Russell2000 (NYSEARCA:RWM)

TAP Consulting LLC trimmed its holdings in ProShares Short Russell2000 (NYSEARCA:RWM) by 87.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,005 shares of the company’s stock after selling 446,214 shares during the quarter. TAP Consulting LLC owned about 0.46% of ProShares Short Russell2000 worth $1,391,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. VitalStone Financial LLC boosted its position in shares of ProShares Short Russell2000 by 185.7% during the 3rd quarter. VitalStone Financial LLC now owns 1,000 shares of the company’s stock valued at $25,000 after acquiring an additional 650 shares during the last quarter. Ironsides Asset Advisors LLC grew its stake in shares of ProShares Short Russell2000 by 3.8% in the 3rd quarter. Ironsides Asset Advisors LLC now owns 28,880 shares of the company’s stock valued at $699,000 after buying an additional 1,050 shares during the period. Headlands Technologies LLC acquired a new stake in shares of ProShares Short Russell2000 during the 3rd quarter worth approximately $122,000. Oppenheimer & Co. Inc. raised its position in shares of ProShares Short Russell2000 by 8.9% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 63,861 shares of the company’s stock valued at $1,546,000 after buying an additional 5,241 shares during the period. Finally, First Heartland Consultants Inc. lifted its holdings in ProShares Short Russell2000 by 9.2% in the third quarter. First Heartland Consultants Inc. now owns 85,807 shares of the company’s stock valued at $2,077,000 after acquiring an additional 7,233 shares during the last quarter.

ProShares Short Russell2000 Price Performance

RWM stock traded up $0.16 during midday trading on Thursday, hitting $21.59. 2,579,345 shares of the company’s stock were exchanged, compared to its average volume of 2,311,111. ProShares Short Russell2000 has a 1-year low of $19.93 and a 1-year high of $26.55. The business has a 50-day simple moving average of $20.97 and a two-hundred day simple moving average of $22.38.

About ProShares Short Russell2000

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.