Tyche Wealth Partners LLC Raises Position in ProShares Ultra Technology (NYSEARCA:ROM)

Tyche Wealth Partners LLC grew its position in ProShares Ultra Technology (NYSEARCA:ROM) by 44.4% during the 3rd quarter, Holdings Channel reports. The fund owned 33,088 shares of the company’s stock after buying an additional 10,170 shares during the quarter. Tyche Wealth Partners LLC’s holdings in ProShares Ultra Technology were worth $2,219,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Tactive Advisors LLC lifted its holdings in shares of ProShares Ultra Technology by 255.7% in the first 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 in the last quarter. Cambridge Investment Research Advisors Inc. raised its position in shares of ProShares Ultra Technology by 602.4% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 49,735 shares of the company’s stock valued at $3,473,000 after buying an additional 42,654 shares during the last quarter. Howard Capital Management Inc. acquired a new position in shares of ProShares Ultra Technology in the second quarter valued at approximately $214,000. Strategic Investment Solutions Inc. IL acquired a new position in shares of ProShares Ultra Technology in the second quarter valued at approximately $30,000. Finally, Smith Anglin Financial LLC acquired a new position in shares of ProShares Ultra Technology in the third quarter valued at approximately $269,000.

ProShares Ultra Technology Stock Performance

Shares of NYSEARCA:ROM traded up $0.82 during trading on Tuesday, reaching $70.27. The stock had a trading volume of 6,629 shares, compared to its average volume of 61,713. ProShares Ultra Technology has a fifty-two week low of $37.75 and a fifty-two week high of $77.46. The business has a fifty day moving average price of $65.58 and a 200-day moving average price of $64.19.

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.