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.
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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.
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