Tyche Wealth Partners LLC Purchases Shares of 22,918 ProShares Ultra Technology (NYSEARCA:ROM)

Tyche Wealth Partners LLC purchased a new stake in ProShares Ultra Technology (NYSEARCA:ROM) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 22,918 shares of the company’s stock, valued at approximately $1,216,000. Tyche Wealth Partners LLC owned 0.17% of ProShares Ultra Technology at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Simplex Trading LLC boosted its holdings in ProShares Ultra Technology by 66.7% in the 3rd quarter. Simplex Trading LLC now owns 1,032 shares of the company’s stock valued at $40,000 after purchasing an additional 413 shares during the period. Qube Research & Technologies Ltd bought a new position in shares of ProShares Ultra Technology during the 3rd quarter worth about $51,000. Royal Bank of Canada lifted its holdings in shares of ProShares Ultra Technology by 73.0% during the 1st quarter. Royal Bank of Canada now owns 1,280 shares of the company’s stock worth $64,000 after acquiring an additional 540 shares during the period. UBS Group AG lifted its holdings in shares of ProShares Ultra Technology by 1,931.8% during the 3rd quarter. UBS Group AG now owns 8,127 shares of the company’s stock worth $192,000 after acquiring an additional 7,727 shares during the period. Finally, Brave Asset Management Inc. bought a new position in shares of ProShares Ultra Technology during the 4th quarter worth about $222,000.

ProShares Ultra Technology Price Performance

Shares of NYSEARCA:ROM traded up $0.17 during midday trading on Tuesday, reaching $56.70. 51,834 shares of the company’s stock were exchanged, compared to its average volume of 76,683. The company’s 50 day simple moving average is $59.80 and its two-hundred day simple moving average is $52.34. ProShares Ultra Technology has a 12 month low of $31.37 and a 12 month high of $63.16.

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.