Client First Investment Management LLC Makes New $4.85 Million Investment in ProShares Ultra Technology $ROM

Client First Investment Management LLC bought a new stake in shares of ProShares Ultra Technology (NYSEARCA:ROM) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 30,481 shares of the company’s stock, valued at approximately $4,852,000. ProShares Ultra Technology makes up about 2.3% of Client First Investment Management LLC’s investment portfolio, making the stock its 8th largest holding. Client First Investment Management LLC owned approximately 0.35% of ProShares Ultra Technology as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. WealthCare Asset Management LLC bought a new position in shares of ProShares Ultra Technology during the fourth quarter valued at approximately $2,978,000. Clearwater Capital Advisors LLC purchased a new stake in shares of ProShares Ultra Technology during the 1st quarter valued at about $316,000. Wealthcare Advisory Partners LLC bought a new position in shares of ProShares Ultra Technology during the 2nd quarter valued at $244,000. Valeo Financial Advisors LLC purchased a new stake in shares of ProShares Ultra Technology during the 2nd quarter valued at about $240,000. Finally, Cassaday & Co Wealth Management LLC bought a new stake in shares of ProShares Ultra Technology during the 1st quarter valued at $110,000.

ProShares Ultra Technology Stock Up 1.0%

Shares of ROM opened at $163.61 on Friday. The business has a 50-day simple moving average of $149.68 and a two-hundred day simple moving average of $134.88. ProShares Ultra Technology has a 52 week low of $71.36 and a 52 week high of $171.82. The stock has a market cap of $1.42 billion, a price-to-earnings ratio of 38.02 and a beta of 2.72.

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.