Chicago Partners Investment Group LLC acquired a new stake in ProShares Ultra Technology (NYSEARCA:ROM – Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 3,867 shares of the company’s stock, valued at approximately $217,000.
A number of other institutional investors and hedge funds have also made changes to their positions in the business. Envestnet Asset Management Inc. boosted its stake in shares of ProShares Ultra Technology by 253.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 35,589 shares of the company’s stock worth $2,482,000 after acquiring an additional 25,526 shares during the last quarter. Freedom Investment Management Inc. acquired a new stake in shares of ProShares Ultra Technology in the fourth quarter worth approximately $412,000. Marshall & Sterling Wealth Advisors Inc. acquired a new stake in shares of ProShares Ultra Technology in the fourth quarter worth approximately $225,000. Lido Advisors LLC acquired a new stake in shares of ProShares Ultra Technology in the fourth quarter worth approximately $206,000. Finally, Jane Street Group LLC acquired a new stake in shares of ProShares Ultra Technology in the fourth quarter worth approximately $620,000.
ProShares Ultra Technology Price Performance
Shares of NYSEARCA:ROM opened at $84.60 on Wednesday. The business’s 50 day moving average price is $76.18 and its 200-day moving average price is $65.11. The firm has a market capitalization of $812.16 million, a PE ratio of 38.02 and a beta of 2.37. ProShares Ultra Technology has a 1 year low of $36.68 and a 1 year high of $84.63.
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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