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. The Fund takes positions in securities and/or financial instruments that, in combination, should have similar daily return characteristics as 200% of the daily return of the Index. The Index is a price return index. The Fund's investment advisor is ProShare Advisors LLC.
Basic Details
Issuer ProShares
Fund NameProShares Ultra Technology
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:ROM
Inception Date1/30/2007
Fund ManagerMichael Neches, Tarak Dave
Phone+1-240-4976400
Fund Focus
Asset ClassEquity
BenchmarkDJ US Technology TR USD
CategorySector
FocusTechnology
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$324.47 million
Average Daily Volume$59,319.00
Discount/Premium2.12%
ETF Expenses
Management Fee0.75%
Other Expenses0.29%
Total Expenses1.04%
Fee Waiver-0.09%
Net Expenses0.95%
Administrator, Advisor and Custodian
AdministratorJ.P. Morgan Investor Services Co.
AdvisorProShare Advisors LLC
CustodianJPMorgan Chase Bank, N.A.
DistributorSEI Investments Distribution Co.
Transfer AgentJPMorgan Chase Bank, N.A.
Trustee
Lead Market MakerVirtu Financial
ProShares Ultra Technology (NYSEARCA:ROM) Frequently Asked Questions
What is ProShares Ultra Technology's stock symbol?
ProShares Ultra Technology trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "ROM."
How often does ProShares Ultra Technology pay dividends? What is the dividend yield for ProShares Ultra Technology?
ProShares Ultra Technology declared a quarterly dividend on Wednesday, December 26th. Shareholders of record on Thursday, December 27th will be given a dividend of $0.1376 per share on Thursday, January 3rd. This represents a $0.55 annualized dividend and a yield of 0.54%. The ex-dividend date of this dividend is Wednesday, December 26th. This is an increase from ProShares Ultra Technology's previous quarterly dividend of $0.05. View ProShares Ultra Technology's Dividend History.
Has ProShares Ultra Technology been receiving favorable news coverage?
Media headlines about ROM stock have been trending somewhat positive recently, according to InfoTrie. The research firm scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. ProShares Ultra Technology earned a news impact score of 0.8 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term.
Who are ProShares Ultra Technology's key executives?
ProShares Ultra Technology's management team includes the folowing people:
- Michael L. Sapir, Chairman of ProShares Trust (Age 57)
- Louis M. Mayberg, President of ProShares Trust (Age 53)
- Victor M. Frye Esq., Chief Compliance Officer and AML Officer of ProShares Trust (Age 56)
- Simon D. Collier, Treasurer of ProShares Trust (Age 51)
- Gary A. Casagrande, Assistant Treasurer of ProShares Trust (Age 40)
- Charles S. Todd, Assistant Treasurer of ProShares Trust (Age 41)
- Stephenie Adams, Acting Secretary of ProShares Trust (Age 43)
- Gregory Pickard Esq., Assistant Secretary of ProShares Trust (Age 48)
- Russell S. Reynolds III, Trustee of ProShares Trust (Age 55)
- Michael C. Wachs, Trustee of ProShares Trust (Age 51)
Who are ProShares Ultra Technology's major shareholders?
ProShares Ultra Technology's stock is owned by many different of institutional and retail investors. Top institutional investors include Toth Financial Advisory Corp (1.09%), Advisor Group Inc. (0.06%) and Simplex Trading LLC (0.02%).
Which major investors are selling ProShares Ultra Technology stock?
ROM stock was sold by a variety of institutional investors in the last quarter, including Toth Financial Advisory Corp and Advisor Group Inc..
Which major investors are buying ProShares Ultra Technology stock?
ROM stock was acquired by a variety of institutional investors in the last quarter, including Simplex Trading LLC.
How do I buy shares of ProShares Ultra Technology?
Shares of ROM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is ProShares Ultra Technology's stock price today?
One share of ROM stock can currently be purchased for approximately $102.1959.
How big of a company is ProShares Ultra Technology?
ProShares Ultra Technology has a market capitalization of $291.26 million.
What is ProShares Ultra Technology's official website?
How can I contact ProShares Ultra Technology?
ProShares Ultra Technology's mailing address is 7501 Wisconsin Avenue Suite 1000 East Tower, Bethesda, MD 20814, United States. The company can be reached via phone at +1-240-4976400.
MarketBeat Community Rating for ProShares Ultra Technology (NYSEARCA ROM)
MarketBeat's community ratings are surveys of what our community members think about ProShares Ultra Technology and other stocks. Vote "Outperform" if you believe ROM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ROM will underperform the S&P 500 over the long term. You may vote once every thirty days.
