Traynor Capital Management Inc. purchased a new position in ProShares Ultra MidCap400 (NYSEARCA:MVV – Free Report) during the fourth quarter, Holdings Channel reports. The fund purchased 3,001 shares of the company’s stock, valued at approximately $204,000.
Separately, Assetmark Inc. purchased a new position in shares of ProShares Ultra MidCap400 in the third quarter worth $47,000.
ProShares Ultra MidCap400 Trading Down 0.1 %
NYSEARCA:MVV opened at $74.64 on Friday. The company has a fifty day moving average of $73.00 and a 200 day moving average of $69.26. ProShares Ultra MidCap400 has a 52 week low of $54.79 and a 52 week high of $81.87.
ProShares Ultra MidCap400 Profile
ProShares Ultra MidCap400 (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the S&P MidCap 400 Index (the Index). The Index is a measure of mid-size company United States stock market performance. It is a float-adjusted market capitalization weighted index of 400 United States operating companies and real estate investment trusts (REITs).
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Want to see what other hedge funds are holding MVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Ultra MidCap400 (NYSEARCA:MVV – Free Report).
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