Citadel Advisors LLC Invests $1.43 Million in ProShares Ultra MidCap 400 $MVV

Citadel Advisors LLC acquired a new position in shares of ProShares Ultra MidCap 400 (NYSEARCA:MVV) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 15,501 shares of the company’s stock, valued at approximately $1,427,000.

Several other large investors have also bought and sold shares of the business. Osaic Holdings Inc. acquired a new position in ProShares Ultra MidCap 400 during the second quarter worth about $195,000. Integrated Advisors Network LLC lifted its holdings in shares of ProShares Ultra MidCap 400 by 16.5% in the fourth quarter. Integrated Advisors Network LLC now owns 9,146 shares of the company’s stock worth $637,000 after acquiring an additional 1,297 shares during the last quarter. Finally, Tucker Asset Management LLC acquired a new stake in shares of ProShares Ultra MidCap 400 in the 4th quarter valued at approximately $37,000.

ProShares Ultra MidCap 400 Trading Down 2.2%

MVV opened at $84.86 on Thursday. The company has a market cap of $148.50 million, a P/E ratio of 19.18 and a beta of 2.01. The company’s 50 day moving average is $89.14 and its 200-day moving average is $83.99. ProShares Ultra MidCap 400 has a 1-year low of $62.12 and a 1-year high of $94.88.

ProShares Ultra MidCap 400 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.