Traynor Capital Management Inc. Takes Position in ProShares Ultra MidCap400 (NYSEARCA:MVV)

Traynor Capital Management Inc. bought a new stake in shares of ProShares Ultra MidCap400 (NYSEARCA:MVVFree Report) during the 4th quarter, according to its most recent filing with the SEC. The fund bought 3,001 shares of the company’s stock, valued at approximately $204,000. Traynor Capital Management Inc. owned approximately 0.14% of ProShares Ultra MidCap400 as of its most recent filing with the SEC.

Separately, Assetmark Inc. bought a new position in ProShares Ultra MidCap400 during the third quarter worth about $47,000.

ProShares Ultra MidCap400 Trading Down 0.1 %

MVV stock opened at $74.64 on Friday. ProShares Ultra MidCap400 has a 1-year low of $54.79 and a 1-year high of $81.87. The business’s 50 day moving average is $73.00 and its 200-day moving average is $69.26.

ProShares Ultra MidCap400 Profile

(Free Report)

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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