Dale Q Rice Investment Management Ltd Purchases Shares of 29,418 ProShares Ultra Technology (NYSEARCA:ROM)

Dale Q Rice Investment Management Ltd acquired a new stake in shares of ProShares Ultra Technology (NYSEARCA:ROM) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 29,418 shares of the company’s stock, valued at approximately $2,051,000. ProShares Ultra Technology makes up 0.9% of Dale Q Rice Investment Management Ltd’s investment portfolio, making the stock its 18th biggest position. Dale Q Rice Investment Management Ltd owned about 0.27% of ProShares Ultra Technology at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Plotkin Financial Advisors LLC bought a new stake in shares of ProShares Ultra Technology in the 3rd quarter worth $1,648,000. Tyche Wealth Partners LLC raised its position in ProShares Ultra Technology by 44.4% in the third quarter. Tyche Wealth Partners LLC now owns 33,088 shares of the company’s stock worth $2,219,000 after acquiring an additional 10,170 shares in the last quarter. Smith Anglin Financial LLC acquired a new stake in ProShares Ultra Technology in the 3rd quarter valued at about $269,000. Nwam LLC bought a new position in shares of ProShares Ultra Technology during the 3rd quarter valued at about $215,000. Finally, Truvestments Capital LLC acquired a new position in shares of ProShares Ultra Technology in the 3rd quarter worth approximately $41,000.

ProShares Ultra Technology Price Performance

ROM stock opened at $66.24 on Tuesday. ProShares Ultra Technology has a 12 month low of $48.72 and a 12 month high of $77.46. The firm has a 50 day simple moving average of $71.56 and a 200 day simple moving average of $67.84.

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.