Retirement Planning Co of New England Inc. Sells 1,166 Shares of ProShares Ultra Technology (NYSEARCA:ROM)

Retirement Planning Co of New England Inc. reduced its holdings in shares of ProShares Ultra Technology (NYSEARCA:ROM) by 4.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 24,152 shares of the company’s stock after selling 1,166 shares during the quarter. ProShares Ultra Technology makes up about 0.8% of Retirement Planning Co of New England Inc.’s holdings, making the stock its 28th largest position. Retirement Planning Co of New England Inc. owned about 0.22% of ProShares Ultra Technology worth $1,684,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Larson Financial Group LLC bought a new stake in shares of ProShares Ultra Technology in the third quarter valued at $27,000. Truvestments Capital LLC bought a new stake in shares of ProShares Ultra Technology in the third quarter valued at $41,000. PNC Financial Services Group Inc. bought a new stake in shares of ProShares Ultra Technology in the fourth quarter valued at $45,000. IFP Advisors Inc raised its stake in shares of ProShares Ultra Technology by 20.0% in the fourth quarter. IFP Advisors Inc now owns 900 shares of the company’s stock valued at $63,000 after buying an additional 150 shares during the period. Finally, Nwam LLC bought a new stake in shares of ProShares Ultra Technology in the third quarter valued at $215,000.

ProShares Ultra Technology Price Performance

Shares of ROM opened at $58.15 on Tuesday. The firm has a market cap of $592.55 million, a PE ratio of 30.71 and a beta of 2.36. The stock’s fifty day moving average price is $67.10 and its two-hundred day moving average price is $68.16. ProShares Ultra Technology has a 1 year low of $48.72 and a 1 year high of $77.46.

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.