ProShares Ultra Technology (NYSEARCA:ROM – Get Rating) shares saw unusually-high trading volume on Friday . Approximately 18,002 shares changed hands during trading, a decline of 91% from the previous session’s volume of 200,836 shares.The stock last traded at $31.36 and had previously closed at $29.72.
The stock’s 50 day moving average price is $34.34 and its two-hundred day moving average price is $45.45.
Several institutional investors have recently added to or reduced their stakes in ROM. Oppenheimer & Co. Inc. purchased a new position in ProShares Ultra Technology in the 4th quarter valued at about $242,000. Soltis Investment Advisors LLC purchased a new position in ProShares Ultra Technology in the 4th quarter valued at about $208,000. Parcion Private Wealth LLC lifted its holdings in ProShares Ultra Technology by 100.0% in the 4th quarter. Parcion Private Wealth LLC now owns 4,800 shares of the company’s stock valued at $273,000 after purchasing an additional 2,400 shares in the last quarter. Nwam LLC purchased a new position in ProShares Ultra Technology in the 4th quarter valued at about $204,000. Finally, Warren Averett Asset Management LLC lifted its holdings in ProShares Ultra Technology by 100.0% in the 4th quarter. Warren Averett Asset Management LLC now owns 10,000 shares of the company’s stock valued at $481,000 after purchasing an additional 5,000 shares in the last quarter.
About ProShares Ultra Technology (NYSEARCA:ROM)
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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