Quadrature Capital Ltd Invests $1.57 Million in ProShares Ultra Technology $ROM

Quadrature Capital Ltd bought a new position in shares of ProShares Ultra Technology (NYSEARCA:ROM) during the second quarter, Holdings Channel.com reports. The fund bought 20,660 shares of the company’s stock, valued at approximately $1,574,000.

A number of other large investors have also added to or reduced their stakes in the business. Tyche Wealth Partners LLC lifted its holdings in ProShares Ultra Technology by 102.5% during the 2nd quarter. Tyche Wealth Partners LLC now owns 78,397 shares of the company’s stock valued at $5,967,000 after purchasing an additional 39,675 shares during the last quarter. Nwam LLC bought a new position in shares of ProShares Ultra Technology in the second quarter valued at about $265,000. Freedom Investment Management Inc. raised its position in shares of ProShares Ultra Technology by 66.0% in the second quarter. Freedom Investment Management Inc. now owns 11,503 shares of the company’s stock valued at $876,000 after purchasing an additional 4,575 shares during the period. Chicago Partners Investment Group LLC acquired a new stake in shares of ProShares Ultra Technology during the 1st quarter worth about $217,000. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new stake in shares of ProShares Ultra Technology during the 2nd quarter worth about $276,000.

ProShares Ultra Technology Stock Performance

Shares of ROM opened at $93.66 on Friday. The firm has a market cap of $851.37 million, a P/E ratio of 38.02 and a beta of 2.41. ProShares Ultra Technology has a 52 week low of $36.68 and a 52 week high of $108.12. The firm’s 50-day simple moving average is $95.30 and its 200 day simple moving average is $82.94.

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.