Chicago Partners Investment Group LLC Increases Holdings in ProShares Ultra Technology $ROM

Chicago Partners Investment Group LLC boosted its holdings in shares of ProShares Ultra Technology (NYSEARCA:ROM) by 350.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,433 shares of the company’s stock after purchasing an additional 13,566 shares during the period. Chicago Partners Investment Group LLC’s holdings in ProShares Ultra Technology were worth $1,396,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Gotham Asset Management LLC purchased a new position in ProShares Ultra Technology during the 1st quarter valued at about $11,340,000. Tyche Wealth Partners LLC increased its holdings in ProShares Ultra Technology by 102.5% during the 2nd quarter. Tyche Wealth Partners LLC now owns 78,397 shares of the company’s stock valued at $5,967,000 after purchasing an additional 39,675 shares during the period. Envestnet Asset Management Inc. increased its holdings in ProShares Ultra Technology by 10.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 39,281 shares of the company’s stock valued at $2,099,000 after purchasing an additional 3,692 shares during the period. Freedom Investment Management Inc. increased its holdings in ProShares Ultra Technology by 17.2% during the 1st quarter. Freedom Investment Management Inc. now owns 6,928 shares of the company’s stock valued at $370,000 after purchasing an additional 1,019 shares during the period. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new position in ProShares Ultra Technology during the 2nd quarter valued at about $276,000.

ProShares Ultra Technology Stock Performance

ProShares Ultra Technology stock opened at $96.26 on Tuesday. The stock’s 50 day simple moving average is $87.47 and its two-hundred day simple moving average is $73.62. The stock has a market cap of $885.59 million, a price-to-earnings ratio of 38.02 and a beta of 2.37. ProShares Ultra Technology has a fifty-two week low of $36.68 and a fifty-two week high of $98.59.

ProShares Ultra Technology Company 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.