McGuire Investment Group LLC Has $320,000 Stake in ProShares Ultra Technology (NYSEARCA:ROM)

McGuire Investment Group LLC trimmed its holdings in ProShares Ultra Technology (NYSEARCA:ROM) by 4.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,776 shares of the company’s stock after selling 224 shares during the period. McGuire Investment Group LLC’s holdings in ProShares Ultra Technology were worth $320,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ROM. Livelsberger Financial Advisory acquired a new stake in shares of ProShares Ultra Technology in the fourth quarter valued at approximately $58,000. Tactive Advisors LLC raised its position in ProShares Ultra Technology by 255.7% during the first quarter. Tactive Advisors LLC now owns 19,757 shares of the company’s stock valued at $1,200,000 after purchasing an additional 14,202 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its position 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 valued at $3,473,000 after purchasing an additional 42,654 shares in the last quarter. Howard Capital Management Inc. acquired a new position in ProShares Ultra Technology during the second quarter valued at approximately $214,000. Finally, Strategic Investment Solutions Inc. IL bought a new stake in shares of ProShares Ultra Technology during the second quarter worth $30,000.

ProShares Ultra Technology Stock Performance

Shares of NYSEARCA ROM traded up $0.09 during midday trading on Friday, reaching $69.87. 22,669 shares of the company were exchanged, compared to its average volume of 64,003. The stock’s 50-day moving average price is $63.26 and its 200-day moving average price is $63.41. ProShares Ultra Technology has a one year low of $36.83 and a one year high of $77.46.

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.