Citadel Advisors LLC raised its stake in shares of ProShares Ultra MidCap400 (NYSEARCA:MVV) by 293.8% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 10,395 shares of the company’s stock after acquiring an additional 7,755 shares during the period. Citadel Advisors LLC owned approximately 0.31% of ProShares Ultra MidCap400 worth $444,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently bought and sold shares of MVV. Resource Management LLC bought a new position in shares of ProShares Ultra MidCap400 in the 2nd quarter worth approximately $204,000. Bank of New York Mellon Corp lifted its stake in shares of ProShares Ultra MidCap400 by 199.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 5,101 shares of the company’s stock worth $218,000 after purchasing an additional 3,400 shares during the period. Bremer Trust National Association lifted its stake in shares of ProShares Ultra MidCap400 by 200.0% in the 2nd quarter. Bremer Trust National Association now owns 6,330 shares of the company’s stock worth $271,000 after purchasing an additional 4,220 shares during the period. Creative Planning lifted its stake in shares of ProShares Ultra MidCap400 by 200.0% in the 2nd quarter. Creative Planning now owns 20,727 shares of the company’s stock worth $885,000 after purchasing an additional 13,818 shares during the period. Finally, Institute for Wealth Management LLC. lifted its stake in shares of ProShares Ultra MidCap400 by 187.6% in the 2nd quarter. Institute for Wealth Management LLC. now owns 37,903 shares of the company’s stock worth $1,622,000 after purchasing an additional 24,726 shares during the period.
Shares of NYSEARCA:MVV traded up $0.28 during trading on Friday, hitting $39.07. The company’s stock had a trading volume of 48,966 shares, compared to its average volume of 69,534. ProShares Ultra MidCap400 has a 12 month low of $35.34 and a 12 month high of $47.07.
The company also recently announced a quarterly dividend, which was paid on Wednesday, October 3rd. Investors of record on Thursday, September 27th were issued a $0.0382 dividend. This represents a $0.15 annualized dividend and a yield of 0.39%. This is a positive change from ProShares Ultra MidCap400’s previous quarterly dividend of $0.02. The ex-dividend date was Wednesday, September 26th.
About ProShares Ultra MidCap400
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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