November 29, 2016 - By Adrian Mccoy · 0 Comments
Nov 29 is a negative day so far for ProShares UltraShort Russell2000 (NYSEARCA:TWM) as the ETF is active during the day after losing 0.72% to hit $24.82 per share. The exchange traded fund has 199.74M net assets and 2.90% volatility this month.
Over the course of the day 106,945 shares traded hands, as compared to an average volume of 884,170 over the last 30 days for ProShares UltraShort Russell2000 (NYSEARCA:TWM).
The ETF is -51.16% of its 52-Week High and -3.26% of its low, and is currently having ATR of 1.04. This year’s performance is -31.20% while this quarter’s performance is -8.81%.
The ETF’s YTD performance is -19.8%, the 1 year is -17.92% and the 3 year is -16.78%.
The fund’s top holdings are: Russell 2000 Index Swap Societe Generale for 76.57% of assets, Russell 2000 Index Swap Morgan Stanley & Co. International Plc for 63.73%, Russell 2000 Index Swap Citibank N.A. for 22.68%, Russell 2000 Index Swap Ubs Ag for 19.44%, Russell 2000 Index Swap Bank Of America Na for 7.85%, Russell 2000 Index Mini TIC Dec16 for 4.67%, Russell 2000 Index Swap Credit Suisse International for 2.85%, Russell 2000 Index Swap Goldman Sachs International for 1.67%, Ishares Russell 2000 (Iwm) Swap Morgan Stanley & Co. International Plc for 0.55%.
More notable recent ProShares UltraShort Russell2000 (ETF) (NYSEARCA:TWM) news were published by: Etftrends.com which released: “Inverse ETFs to Capitalize on Market Turns” on March 25, 2013, also Etftrends.com with their article: “Small-Cap ETFs: Bearish ‘Death Cross’ in Russell 2000” published on September 23, 2014, Etftrends.com published: “ProShares to Shutter 17 Inverse, Leveraged ETFs” on December 24, 2014. More interesting news about ProShares UltraShort Russell2000 (ETF) (NYSEARCA:TWM) were released by: Etfdailynews.com and their article: “Bear Market: How To Short It With ETFs” published on February 01, 2016 as well as Marketwatch.com‘s news article titled: “Using ETFs to channel trade the Russell 2000” with publication date: September 26, 2013.
ProShares UltraShort Russell2000 seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Russell 2000 Index (the Index). The ETF has a market cap of $199.74 million. 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. It currently has negative earnings. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.
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By Adrian Mccoy