ProShares Ultra Technology (NYSEARCA:ROM)’s share price were up 0.6% on Friday . The stock traded as high as $126.42 and last traded at $126.42, approximately 522 shares traded hands during trading. A decline of 99% from the average daily volume of 80,502 shares. The stock had previously closed at $125.70.
The business’s 50 day simple moving average is $113.57.
Several institutional investors and hedge funds have recently bought and sold shares of the company. Cambridge Investment Research Advisors Inc. bought a new stake in shares of ProShares Ultra Technology in the 1st quarter worth $2,232,000. RPg Family Wealth Advisory LLC bought a new stake in shares of ProShares Ultra Technology in the 1st quarter worth $71,000. Finally, Truvestments Capital LLC bought a new stake in shares of ProShares Ultra Technology in the 1st quarter worth $51,000.
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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