ProShares S&P 500 Ex-Technology ETF (NYSEARCA:SPXT – Get Free Report)’s stock price rose 0.6% during trading on Tuesday. The stock traded as high as $111.91 and last traded at $111.49. Approximately 14,678 shares were traded during trading, a decline of 16% from the average daily volume of 17,558 shares. The stock had previously closed at $110.86.
ProShares S&P 500 Ex-Technology ETF Stock Up 0.6%
The company has a market capitalization of $304.37 million, a P/E ratio of 22.39 and a beta of 0.86. The firm’s 50-day moving average price is $110.35 and its 200 day moving average price is $108.89.
Hedge Funds Weigh In On ProShares S&P 500 Ex-Technology ETF
A number of hedge funds have recently added to or reduced their stakes in the stock. Hengehold Capital Management LLC bought a new stake in ProShares S&P 500 Ex-Technology ETF during the 3rd quarter worth approximately $257,000. Armstrong Advisory Group Inc. raised its stake in shares of ProShares S&P 500 Ex-Technology ETF by 2.7% in the third quarter. Armstrong Advisory Group Inc. now owns 5,493 shares of the company’s stock worth $588,000 after purchasing an additional 144 shares during the last quarter. Finally, Ascentis Independent Advisors raised its stake in shares of ProShares S&P 500 Ex-Technology ETF by 87.4% in the first quarter. Ascentis Independent Advisors now owns 22,443 shares of the company’s stock worth $2,274,000 after purchasing an additional 10,464 shares during the last quarter.
About ProShares S&P 500 Ex-Technology ETF
The ProShares S&P 500 ex-Technology ETF (SPXT) is an exchange-traded fund that is based on the S&P 500 Ex-Information Technology index, a market-cap-weighted index of US large-cap stocks, excluding firms in the technology sector. SPXT was launched on Sep 22, 2015 and is managed by ProShares.
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