Integrated Advisors Network LLC bought a new position in shares of ProShares Ultra MidCap 400 (NYSEARCA:MVV – Free Report) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 7,849 shares of the company’s stock, valued at approximately $542,000. Integrated Advisors Network LLC owned approximately 0.37% of ProShares Ultra MidCap 400 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds have also made changes to their positions in the company. Osaic Holdings Inc. purchased a new stake in shares of ProShares Ultra MidCap 400 in the 2nd quarter worth about $195,000. Traynor Capital Management Inc. purchased a new stake in shares of ProShares Ultra MidCap 400 in the third quarter valued at about $208,000. Finally, Kingsview Wealth Management LLC acquired a new stake in shares of ProShares Ultra MidCap 400 in the second quarter valued at approximately $222,000.
ProShares Ultra MidCap 400 Price Performance
Shares of MVV opened at $80.78 on Monday. ProShares Ultra MidCap 400 has a 1-year low of $42.64 and a 1-year high of $83.01. The stock has a market cap of $153.48 million, a price-to-earnings ratio of 19.18 and a beta of 2.15. The firm has a 50 day simple moving average of $77.11 and a 200-day simple moving average of $71.71.
ProShares Ultra MidCap 400 Company 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). Securities are selected for inclusion in the Index by the S&P U.S. Index Committee through a non-mechanical process that factors criteria, such as liquidity, price, market capitalization and financial viability.
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