ProShares Ultra Technology (NYSEARCA:ROM) Stock Price Down 1.6% – What’s Next?

ProShares Ultra Technology (NYSEARCA:ROM)’s stock price traded down 1.6% during mid-day trading on Monday . The stock traded as low as $64.76 and last traded at $66.24. 47,798 shares traded hands during mid-day trading, a decline of 14% from the average session volume of 55,571 shares. The stock had previously closed at $67.33.

ProShares Ultra Technology Price Performance

The firm’s 50-day moving average is $71.56 and its 200-day moving average is $67.84.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Strategic Investment Solutions Inc. IL bought a new position in ProShares Ultra Technology during the 2nd quarter worth approximately $30,000. Larson Financial Group LLC bought a new stake in ProShares Ultra Technology during the 3rd quarter valued at $27,000. Truvestments Capital LLC purchased a new stake in ProShares Ultra Technology during the 3rd quarter valued at $41,000. Nwam LLC purchased a new stake in ProShares Ultra Technology during the 3rd quarter valued at $215,000. Finally, Smith Anglin Financial LLC bought a new stake in ProShares Ultra Technology in the 3rd quarter worth $269,000.

ProShares Ultra Technology Company 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.