ProShares Ultra Technology (NYSEARCA:ROM) Reaches New 12-Month High at $74.14

ProShares Ultra Technology (NYSEARCA:ROMGet Free Report)’s stock price hit a new 52-week high during trading on Friday . The stock traded as high as $74.14 and last traded at $73.76, with a volume of 4394 shares. The stock had previously closed at $73.76.

ProShares Ultra Technology Stock Performance

The firm’s 50-day simple moving average is $64.53 and its 200 day simple moving average is $59.72.

Institutional Investors Weigh In On ProShares Ultra Technology

Several institutional investors and hedge funds have recently added to or reduced their stakes in ROM. Clarity Capital Partners LLC bought a new stake in ProShares Ultra Technology during the 4th quarter worth about $2,718,000. Tyche Wealth Partners LLC bought a new stake in shares of ProShares Ultra Technology in the 4th quarter valued at about $1,216,000. Tactive Advisors LLC raised its holdings in shares of ProShares Ultra Technology by 255.7% in the 1st quarter. Tactive Advisors LLC now owns 19,757 shares of the company’s stock valued at $1,200,000 after purchasing an additional 14,202 shares during the period. Parcion Private Wealth LLC bought a new stake in shares of ProShares Ultra Technology in the 4th quarter valued at about $255,000. Finally, Brave Asset Management Inc. bought a new stake in shares of ProShares Ultra Technology in the 4th quarter valued at about $222,000.

ProShares Ultra Technology Company Profile

(Get Free Report)

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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