Version 1.0.0 out of place on launcher

In the launcher, 1.0.0 appears near the top when it should appear near the bottom. It also doesn't have "latest release" or "release" next to it.

What I expected to happen was...:
I see "release 1.0" at the bottom of the launcher versions area.

What actually happened was...:
I see "1.0" below "Latest Release 1.16.5" in the launcher versions area.

Steps to Reproduce:
1. Open the launcher.
2. Go to "Installations".
3. Click "+ New"
You should see 1.0 below "Latest Release" without "release" next to it.

I see this as a problem due to the fact I almost reported it as missing, since I didn't see it at the bottom.