Shares of ProShares Ultra Technology (NYSEARCA:ROM – Get Free Report) saw unusually-strong trading volume on Tuesday . 20,940 shares changed hands during mid-day trading, a decline of 69% from the previous session’s volume of 66,580 shares.The stock last traded at $64.64 and had previously closed at $63.57.
ProShares Ultra Technology Trading Down 0.4 %
The business’s fifty day simple moving average is $63.69 and its 200-day simple moving average is $62.71.
Hedge Funds Weigh In On ProShares Ultra Technology
Several institutional investors have recently bought and sold shares of ROM. Strategic Investment Solutions Inc. IL bought a new position in shares of ProShares Ultra Technology during the 2nd quarter valued at about $30,000. Howard Capital Management Inc. purchased a new position in ProShares Ultra Technology during the 2nd quarter valued at approximately $214,000. Cambridge Investment Research Advisors Inc. increased its stake in ProShares Ultra Technology by 602.4% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 49,735 shares of the company’s stock worth $3,473,000 after acquiring an additional 42,654 shares during the last quarter. Tactive Advisors LLC boosted its position in shares of ProShares Ultra Technology by 255.7% during the 1st quarter. Tactive Advisors LLC now owns 19,757 shares of the company’s stock valued at $1,200,000 after acquiring an additional 14,202 shares during the last quarter. Finally, YHB Investment Advisors Inc. bought a new position in shares of ProShares Ultra Technology during the 1st quarter valued at approximately $70,000.
ProShares Ultra Technology Company Profile
ProShares Ultra Technology (the Fund) seeks daily investment results that correspond to twice the daily performance of the Dow Jones U.S. Technology Index (the Index). The Index measures the performance of the technology industry of the United States equity market. Component companies include those involved in computers and office equipment, software, communications technology, semiconductors, diversified technology services and Internet services.
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