Truvestments Capital LLC Takes $41,000 Position in ProShares Ultra Technology (NYSEARCA:ROM)

Truvestments Capital LLC bought a new stake in ProShares Ultra Technology (NYSEARCA:ROM) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 616 shares of the company’s stock, valued at approximately $41,000.

A number of other large investors also recently modified their holdings of the stock. Larson Financial Group LLC bought a new position in shares of ProShares Ultra Technology in the third quarter valued at approximately $27,000. Strategic Investment Solutions Inc. IL purchased a new stake in shares of ProShares Ultra Technology during the second quarter valued at approximately $30,000. Howard Capital Management Inc. purchased a new stake in shares of ProShares Ultra Technology during the second quarter valued at approximately $214,000. Nwam LLC purchased a new stake in shares of ProShares Ultra Technology during the third quarter valued at approximately $215,000. Finally, Smith Anglin Financial LLC purchased a new stake in shares of ProShares Ultra Technology during the third quarter valued at approximately $269,000.

ProShares Ultra Technology Price Performance

NYSEARCA:ROM opened at $69.56 on Thursday. The business has a fifty day simple moving average of $68.76 and a two-hundred day simple moving average of $66.34. ProShares Ultra Technology has a 1 year low of $47.16 and a 1 year high of $77.46.

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.