RPg Family Wealth Advisory LLC Takes Position in ProShares Ultra Technology (NYSEARCA:ROM)

RPg Family Wealth Advisory LLC bought a new position in shares of ProShares Ultra Technology (NYSEARCA:ROM) during the 1st quarter, HoldingsChannel reports. The firm bought 641 shares of the company’s stock, valued at approximately $71,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in ROM. Commonwealth Equity Services LLC acquired a new position in ProShares Ultra Technology in the 1st quarter worth about $243,000. Envestnet Asset Management Inc. increased its holdings in shares of ProShares Ultra Technology by 32.1% in the first quarter. Envestnet Asset Management Inc. now owns 16,234 shares of the company’s stock valued at $1,793,000 after purchasing an additional 3,941 shares during the last quarter. Advisor Group Inc. grew its position in ProShares Ultra Technology by 5.7% in the first quarter. Advisor Group Inc. now owns 1,855 shares of the company’s stock worth $205,000 after acquiring an additional 100 shares during the period. Cambridge Investment Research Advisors Inc. purchased a new position in ProShares Ultra Technology in the first quarter worth approximately $2,232,000. Finally, Truvestments Capital LLC purchased a new position in shares of ProShares Ultra Technology during the first quarter worth $51,000.

Shares of ROM traded down $2.33 during midday trading on Friday, reaching $110.51. 107 shares of the stock were exchanged, compared to its average volume of 85,475. ProShares Ultra Technology has a twelve month low of $68.54 and a twelve month high of $130.30.

COPYRIGHT VIOLATION WARNING: This article was originally posted by Modern Readers and is owned by of Modern Readers. If you are viewing this article on another publication, it was copied illegally and republished in violation of United States and international copyright legislation. The original version of this article can be read at https://www.modernreaders.com/news/2019/06/14/rpg-family-wealth-advisory-llc-takes-position-in-proshares-ultra-technology-nysearcarom.html.

ProShares Ultra Technology 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.

Featured Article: What is Elliott Wave theory?

Want to see what other hedge funds are holding ROM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Ultra Technology (NYSEARCA:ROM).

Institutional Ownership by Quarter for ProShares Ultra Technology (NYSEARCA:ROM)

Receive News & Ratings for ProShares Ultra Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Ultra Technology and related companies with MarketBeat.com's FREE daily email newsletter.