Tyche Wealth Partners LLC Takes $1.22 Million Position in ProShares Ultra Technology (NYSEARCA:ROM)

Tyche Wealth Partners LLC acquired a new position in shares of ProShares Ultra Technology (NYSEARCA:ROM) in the 4th quarter, Holdings Channel.com reports. The firm acquired 22,918 shares of the company’s stock, valued at approximately $1,216,000.

Several other institutional investors and hedge funds have also bought and sold shares of ROM. Envestnet Asset Management Inc. lifted its position in ProShares Ultra Technology by 269.9% during the first quarter. Envestnet Asset Management Inc. now owns 33,836 shares of the company’s stock worth $1,176,000 after purchasing an additional 24,689 shares during the period. Citadel Advisors LLC lifted its position in ProShares Ultra Technology by 221.1% during the third quarter. Citadel Advisors LLC now owns 25,363 shares of the company’s stock worth $601,000 after purchasing an additional 17,463 shares during the period. Goldman Sachs Group Inc. bought a new position in shares of ProShares Ultra Technology in the second quarter worth about $572,000. Eqis Capital Management Inc. bought a new position in shares of ProShares Ultra Technology in the first quarter worth about $602,000. Finally, Tower Research Capital LLC TRC lifted its holdings in shares of ProShares Ultra Technology by 12,835.6% in the second quarter. Tower Research Capital LLC TRC now owns 11,642 shares of the company’s stock worth $524,000 after acquiring an additional 11,552 shares during the last quarter.

ProShares Ultra Technology Stock Up 0.3 %

Shares of ROM stock traded up $0.17 on Tuesday, reaching $56.70. The company had a trading volume of 51,834 shares, compared to its average volume of 76,683. ProShares Ultra Technology has a one year low of $31.37 and a one year high of $63.16. The business’s 50-day moving average is $59.80 and its 200 day moving average is $52.34.

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.