Rovin Capital UT ADV Grows Position in ProShares Ultra Communication Services (NYSEARCA:LTL)

Rovin Capital UT ADV grew its holdings in shares of ProShares Ultra Communication Services (NYSEARCA:LTL) by 34.8% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,666 shares of the exchange traded fund’s stock after purchasing an additional 1,205 shares during the quarter. Rovin Capital UT ADV owned about 5.83% of ProShares Ultra Communication Services worth $346,000 at the end of the most recent reporting period.

ProShares Ultra Communication Services Stock Performance

Shares of LTL stock opened at $83.07 on Friday. ProShares Ultra Communication Services has a 12 month low of $44.01 and a 12 month high of $84.22. The firm’s 50 day moving average is $72.93 and its 200 day moving average is $68.09.

ProShares Ultra Communication Services Company Profile

ProShares Ultra Telecommunications (the Fund) seeks daily investment results that correspond to twice the daily performance of the Dow Jones U.S. Select Telecommunications Index (the Index). The Dow Jones U.S. Technology Index measures providers of fixed-line and mobile telephone services. Fixed-line includes regional and long-distance carriers.