Quadrature Capital Ltd Invests $1.57 Million in ProShares Ultra Technology $ROM

Quadrature Capital Ltd bought a new stake in ProShares Ultra Technology (NYSEARCA:ROM) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 20,660 shares of the company’s stock, valued at approximately $1,574,000. Quadrature Capital Ltd owned about 0.22% of ProShares Ultra Technology as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. PNC Financial Services Group Inc. boosted its position in ProShares Ultra Technology by 53.8% during the second quarter. PNC Financial Services Group Inc. now owns 1,000 shares of the company’s stock valued at $76,000 after purchasing an additional 350 shares during the last quarter. Chicago Partners Investment Group LLC acquired a new stake in shares of ProShares Ultra Technology in the 1st quarter valued at approximately $217,000. Nwam LLC acquired a new stake in shares of ProShares Ultra Technology in the 2nd quarter valued at approximately $265,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new position in shares of ProShares Ultra Technology in the second quarter valued at $276,000. Finally, Freedom Investment Management Inc. grew its stake in shares of ProShares Ultra Technology by 17.2% in the first quarter. Freedom Investment Management Inc. now owns 6,928 shares of the company’s stock valued at $370,000 after buying an additional 1,019 shares in the last quarter.

ProShares Ultra Technology Trading Up 1.5%

Shares of ROM opened at $93.66 on Friday. The company’s fifty day simple moving average is $95.30 and its 200 day simple moving average is $82.94. ProShares Ultra Technology has a 1-year low of $36.68 and a 1-year high of $108.12. The company has a market cap of $851.37 million, a price-to-earnings 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.