Chicago Partners Investment Group LLC Lowers Stock Position in ProShares Ultra Technology $ROM

Chicago Partners Investment Group LLC cut its stake in shares of ProShares Ultra Technology (NYSEARCA:ROM) by 68.8% in the third quarter, Holdings Channel.com reports. The fund owned 5,438 shares of the company’s stock after selling 11,995 shares during the period. Chicago Partners Investment Group LLC’s holdings in ProShares Ultra Technology were worth $504,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. PNC Financial Services Group Inc. boosted its position in shares of ProShares Ultra Technology by 53.8% during the 2nd quarter. PNC Financial Services Group Inc. now owns 1,000 shares of the company’s stock worth $76,000 after purchasing an additional 350 shares during the period. Independent Wealth Network Inc. acquired a new position in ProShares Ultra Technology during the third quarter worth $209,000. Lido Advisors LLC acquired a new position in ProShares Ultra Technology during the second quarter worth $225,000. Nwam LLC purchased a new position in shares of ProShares Ultra Technology during the second quarter worth $265,000. Finally, Great Valley Advisor Group Inc. acquired a new stake in shares of ProShares Ultra Technology in the second quarter valued at $262,000.

ProShares Ultra Technology Trading Up 0.3%

ROM stock opened at $95.31 on Monday. The business’s fifty day moving average price is $94.72 and its 200 day moving average price is $90.54. ProShares Ultra Technology has a 12-month low of $36.68 and a 12-month high of $108.12. The company has a market capitalization of $855.88 million, a PE ratio of 38.02 and a beta of 2.41.

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. The Fund takes positions in securities and/or financial instruments that, in combination, should have similar daily return characteristics as 200% of the daily return of the Index.