ProShares S&P 500 Ex-Technology ETF (NYSEARCA:SPXT) Stock Price Down 0.1% – Here’s Why

by · The Markets Daily

ProShares S&P 500 Ex-Technology ETF (NYSEARCA:SPXT – Get Free Report)’s stock price were down 0.1% during trading on Tuesday. The company traded as low as $107.50 and last traded at $108.03. Approximately 12,571 shares were traded during mid-day trading, a decline of 28% from the average daily volume of 17,434 shares. The stock had previously closed at $108.10.

ProShares S&P 500 Ex-Technology ETF Stock Performance

The firm has a fifty day moving average price of $110.72 and a two-hundred day moving average price of $108.08. The stock has a market capitalization of $281.96 million, a P/E ratio of 22.39 and a beta of 0.85.

Institutional Inflows and Outflows

An institutional investor recently raised its position in ProShares S&P 500 Ex-Technology ETF stock. Ascentis Independent Advisors boosted its position in ProShares S&P 500 Ex-Technology ETF (NYSEARCA:SPXT – Free Report) by 87.4% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 22,443 shares of the company’s stock after purchasing an additional 10,464 shares during the period. Ascentis Independent Advisors owned about 0.92% of ProShares S&P 500 Ex-Technology ETF worth $2,274,000 as of its most recent SEC filing.

About ProShares S&P 500 Ex-Technology ETF

(Get Free Report)

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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