Toth Financial Advisory Corp Sells 1,657 Shares of ProShares Ultra Technology (NYSEARCA:ROM)

Toth Financial Advisory Corp cut its holdings in ProShares Ultra Technology (NYSEARCA:ROM) by 5.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,482 shares of the company’s stock after selling 1,657 shares during the quarter. Toth Financial Advisory Corp owned 0.95% of ProShares Ultra Technology worth $3,264,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in ROM. Truvestments Capital LLC raised its stake in ProShares Ultra Technology by 32.1% during the 3rd quarter. Truvestments Capital LLC now owns 618 shares of the company’s stock valued at $76,000 after buying an additional 150 shares during the last quarter. JPMorgan Chase & Co. raised its stake in ProShares Ultra Technology by 110.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 395 shares of the company’s stock valued at $46,000 after buying an additional 207 shares during the last quarter. Morgan Stanley raised its stake in ProShares Ultra Technology by 154.8% during the 2nd quarter. Morgan Stanley now owns 2,326 shares of the company’s stock valued at $274,000 after buying an additional 1,413 shares during the last quarter. National Asset Management Inc. purchased a new stake in ProShares Ultra Technology during the 2nd quarter valued at $208,000. Finally, Bridges Investment Management Inc. purchased a new stake in ProShares Ultra Technology during the 2nd quarter valued at $212,000.

ROM traded up $3.39 during mid-day trading on Tuesday, reaching $129.75. 44,633 shares of the company traded hands, compared to its average volume of 71,705. The company’s fifty day moving average price is $122.36 and its 200-day moving average price is $119.31. ProShares Ultra Technology has a 52-week low of $68.54 and a 52-week high of $134.75.

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.

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Institutional Ownership by Quarter for ProShares Ultra Technology (NYSEARCA:ROM)

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