Clearwater Capital Advisors LLC Makes New Investment in ProShares Ultra Technology $ROM

Clearwater Capital Advisors LLC purchased a new position in shares of ProShares Ultra Technology (NYSEARCA:ROM) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,031 shares of the company’s stock, valued at approximately $316,000.

A number of other large investors also recently modified their holdings of the company. Group One Trading LLC acquired a new stake in shares of ProShares Ultra Technology during the 4th quarter valued at $26,000. Royal Bank of Canada increased its holdings in ProShares Ultra Technology by 132.4% in the 4th quarter. Royal Bank of Canada now owns 711 shares of the company’s stock worth $67,000 after purchasing an additional 405 shares in the last quarter. Cassaday & Co Wealth Management LLC acquired a new position in ProShares Ultra Technology in the 1st quarter worth about $110,000. APS Management Group Inc. acquired a new position in ProShares Ultra Technology in the 4th quarter worth about $207,000. Finally, Great Valley Advisor Group Inc. bought a new position in ProShares Ultra Technology in the second quarter valued at about $262,000.

ProShares Ultra Technology Trading Down 0.5%

Shares of ROM stock opened at $137.75 on Thursday. The business’s 50-day moving average price is $145.42 and its 200-day moving average price is $112.61. ProShares Ultra Technology has a 12 month low of $71.36 and a 12 month high of $171.82. The firm has a market capitalization of $1.19 billion, a price-to-earnings ratio of 38.02 and a beta of 2.71.

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. 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.