ProShares Ultra Technology (NYSEARCA:ROM) Shares Sold by Shepherd Financial Partners LLC

Shepherd Financial Partners LLC cut its holdings in shares of ProShares Ultra Technology (NYSEARCA:ROM) by 16.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,844 shares of the company’s stock after selling 949 shares during the period. Shepherd Financial Partners LLC’s holdings in ProShares Ultra Technology were worth $325,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Tactive Advisors LLC raised its holdings in ProShares Ultra Technology by 255.7% during the first quarter. Tactive Advisors LLC now owns 19,757 shares of the company’s stock worth $1,200,000 after purchasing an additional 14,202 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its holdings in ProShares Ultra Technology by 602.4% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 49,735 shares of the company’s stock worth $3,473,000 after purchasing an additional 42,654 shares in the last quarter. Howard Capital Management Inc. bought a new stake in ProShares Ultra Technology during the second quarter worth approximately $214,000. Strategic Investment Solutions Inc. IL bought a new stake in ProShares Ultra Technology during the second quarter worth approximately $30,000. Finally, Smith Anglin Financial LLC bought a new position in shares of ProShares Ultra Technology in the third quarter valued at $269,000.

ProShares Ultra Technology Stock Up 1.2 %

NYSEARCA ROM opened at $65.47 on Friday. ProShares Ultra Technology has a 1 year low of $41.05 and a 1 year high of $77.46. The business’s fifty day moving average is $65.65 and its two-hundred day moving average is $64.37.

About ProShares Ultra Technology

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.