Ascentis Independent Advisors Buys 10,464 Shares of ProShares S&P 500 Ex-Technology ETF $SPXT

Ascentis Independent Advisors grew its stake in ProShares S&P 500 Ex-Technology ETF (NYSEARCA:SPXT) by 87.4% during the first quarter, Holdings Channel.com reports. The fund owned 22,443 shares of the company’s stock after purchasing an additional 10,464 shares during the quarter. Ascentis Independent Advisors’ holdings in ProShares S&P 500 Ex-Technology ETF were worth $2,274,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of ProShares S&P 500 Ex-Technology ETF in the third quarter valued at approximately $30,000. AMJ Financial Wealth Management increased its holdings in ProShares S&P 500 Ex-Technology ETF by 14.5% during the 4th quarter. AMJ Financial Wealth Management now owns 4,094 shares of the company’s stock worth $425,000 after purchasing an additional 518 shares during the period. Osaic Holdings Inc. raised its position in ProShares S&P 500 Ex-Technology ETF by 365.2% during the 4th quarter. Osaic Holdings Inc. now owns 1,470 shares of the company’s stock valued at $153,000 after purchasing an additional 1,154 shares in the last quarter. Betterment LLC bought a new stake in ProShares S&P 500 Ex-Technology ETF during the 4th quarter valued at $230,000. Finally, LPL Financial LLC lifted its holdings in shares of ProShares S&P 500 Ex-Technology ETF by 40.7% in the 4th quarter. LPL Financial LLC now owns 7,686 shares of the company’s stock worth $798,000 after buying an additional 2,224 shares during the period.

ProShares S&P 500 Ex-Technology ETF Price Performance

Shares of ProShares S&P 500 Ex-Technology ETF stock opened at $110.36 on Tuesday. The stock has a market cap of $274.80 million, a price-to-earnings ratio of 22.39 and a beta of 0.86. The firm’s 50-day moving average is $107.89 and its two-hundred day moving average is $106.09. ProShares S&P 500 Ex-Technology ETF has a 1 year low of $95.10 and a 1 year high of $110.43.

ProShares S&P 500 Ex-Technology ETF 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.