Armstrong Advisory Group Inc. Purchases 5,291 Shares of ProShares S&P 500 Ex-Technology ETF $SPXT

Armstrong Advisory Group Inc. increased its position in ProShares S&P 500 Ex-Technology ETF (NYSEARCA:SPXT) by 4.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 136,832 shares of the company’s stock after acquiring an additional 5,291 shares during the period. ProShares S&P 500 Ex-Technology ETF comprises 1.0% of Armstrong Advisory Group Inc.’s investment portfolio, making the stock its 23rd biggest position. Armstrong Advisory Group Inc. owned 0.06% of ProShares S&P 500 Ex-Technology ETF worth $14,212,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. CIBC Bancorp USA Inc. acquired a new stake in ProShares S&P 500 Ex-Technology ETF in the third quarter valued at approximately $240,000. Susquehanna International Group LLP increased its stake in shares of ProShares S&P 500 Ex-Technology ETF by 64.4% during the 3rd quarter. Susquehanna International Group LLP now owns 9,449 shares of the company’s stock worth $952,000 after purchasing an additional 3,703 shares during the last quarter. Northwestern Mutual Wealth Management Co. bought a new position in shares of ProShares S&P 500 Ex-Technology ETF during the 3rd quarter valued at $30,000. AMJ Financial Wealth Management raised its holdings in shares of ProShares S&P 500 Ex-Technology ETF by 27.8% during the 3rd quarter. AMJ Financial Wealth Management now owns 3,576 shares of the company’s stock valued at $360,000 after purchasing an additional 777 shares in the last quarter. Finally, Golden State Equity Partners lifted its stake in shares of ProShares S&P 500 Ex-Technology ETF by 1.5% in the 3rd quarter. Golden State Equity Partners now owns 12,743 shares of the company’s stock valued at $1,281,000 after purchasing an additional 194 shares during the last quarter.

ProShares S&P 500 Ex-Technology ETF Trading Down 1.0%

SPXT stock opened at $100.85 on Friday. The firm has a market cap of $257.17 million, a PE ratio of 22.39 and a beta of 0.91. ProShares S&P 500 Ex-Technology ETF has a 1 year low of $79.66 and a 1 year high of $108.04. The company has a fifty day simple moving average of $105.94 and a 200 day simple moving average of $103.34.

ProShares S&P 500 Ex-Technology ETF Company Profile

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.