Chicago Partners Investment Group LLC Buys 13,566 Shares of ProShares Ultra Technology $ROM

Chicago Partners Investment Group LLC lifted its stake in ProShares Ultra Technology (NYSEARCA:ROM) by 350.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,433 shares of the company’s stock after acquiring an additional 13,566 shares during the period. Chicago Partners Investment Group LLC owned approximately 0.18% of ProShares Ultra Technology worth $1,396,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. IFP Advisors Inc grew its position in ProShares Ultra Technology by 66.7% during the first quarter. IFP Advisors Inc now owns 1,500 shares of the company’s stock worth $80,000 after buying an additional 600 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new position in ProShares Ultra Technology during the second quarter worth about $276,000. Freedom Investment Management Inc. grew its position in ProShares Ultra Technology by 17.2% during the first quarter. Freedom Investment Management Inc. now owns 6,928 shares of the company’s stock worth $370,000 after buying an additional 1,019 shares in the last quarter. Tyche Wealth Partners LLC grew its position in ProShares Ultra Technology by 17.0% during the first quarter. Tyche Wealth Partners LLC now owns 38,722 shares of the company’s stock worth $2,069,000 after buying an additional 5,634 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its position in ProShares Ultra Technology by 10.4% during the first quarter. Envestnet Asset Management Inc. now owns 39,281 shares of the company’s stock worth $2,099,000 after buying an additional 3,692 shares in the last quarter.

ProShares Ultra Technology Stock Up 2.2%

ProShares Ultra Technology stock opened at $96.26 on Tuesday. ProShares Ultra Technology has a 52 week low of $36.68 and a 52 week high of $98.59. The business has a 50-day simple moving average of $87.47 and a 200 day simple moving average of $73.62. The stock has a market cap of $885.59 million, a price-to-earnings ratio of 38.02 and a beta of 2.37.

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.