SlateStone Wealth LLC acquired a new stake in shares of ProShares Ultra Technology (NYSEARCA:ROM) during the second quarter, HoldingsChannel reports. The firm acquired 3,075 shares of the company’s stock, valued at approximately $362,000.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. bought a new stake in shares of ProShares Ultra Technology during the first quarter valued at about $2,232,000. RPg Family Wealth Advisory LLC bought a new stake in shares of ProShares Ultra Technology during the first quarter valued at about $71,000. National Asset Management Inc. bought a new stake in shares of ProShares Ultra Technology during the second quarter valued at about $208,000. Finally, Creative Planning bought a new stake in shares of ProShares Ultra Technology during the second quarter valued at about $256,000.
ProShares Ultra Technology stock traded down $2.21 during midday trading on Thursday, hitting $119.34. The company’s stock had a trading volume of 586 shares, compared to its average volume of 77,235. The stock’s 50-day moving average price is $123.88 and its 200-day moving average price is $114.23. ProShares Ultra Technology has a 12 month low of $68.54 and a 12 month high of $134.75.
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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