ProShares Ultra Technology (NYSEARCA:ROM – Get Free Report) shares hit a new 52-week high during midday trading on Thursday. The company’s shares traded as high as $77.46 and last traded at $76.39 on trading volume of 15630 shares. The stock’s previous close was $77.16.
ProShares Ultra Technology trading rose 1.8%
The company’s 50-day moving average price is $66.23 and its 200-day moving average price is $60.30.
Hedge funds enter ProShares Ultra Technology
Hedge funds recently modified their positions in the company’s shares. Livelsberger Financial Advisory acquired a stake in ProShares Ultra Technology worth $58,000 in the fourth quarter. YHB Investment Advisors Inc. acquired a stake in ProShares Ultra Technology worth $70,000 in the first quarter. Empirical Financial Services LLC dba Empirical Wealth Management acquired a stake in ProShares Ultra Technology worth $202,000 in the fourth quarter. Brave Asset Management Inc. acquired a stake in ProShares Ultra Technology worth $222,000 in the fourth quarter. Finally, Parcion Private Wealth LLC acquired a stake in ProShares Ultra Technology worth $255,000 in the fourth quarter.
Company Profile of ProShares Ultra Technology
(Get your free report)
ProShares Ultra Technology (Fund) seeks to achieve daily investment results equal to twice the daily performance of the Dow Jones U.S. Technology Index (Index). The Index measures the performance of the technology industry in the U.S. stock market. Constituent companies include those involved in computer and office equipment, software, communications technology, semiconductors, diversified technology services and Internet services.
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