ProShares S&P 500 Ex-Technology ETF (NYSEARCA:SPXT) Stock Price Up 0.2% – Time to Buy?

Shares of ProShares S&P 500 Ex-Technology ETF (NYSEARCA:SPXTGet Free Report) rose 0.2% during trading on Tuesday . The company traded as high as $113.74 and last traded at $111.94. 6,082 shares traded hands during trading, a decline of 67% from the average session volume of 18,257 shares. The stock had previously closed at $111.70.

ProShares S&P 500 Ex-Technology ETF Trading Down 0.7%

The firm has a market cap of $287.63 million, a price-to-earnings ratio of 22.39 and a beta of 0.86. The stock’s 50 day moving average is $109.80 and its 200 day moving average is $107.29.

Hedge Funds Weigh In On ProShares S&P 500 Ex-Technology ETF

Several hedge funds have recently bought and sold shares of the company. Ascentis Independent Advisors boosted its stake in 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 valued at $2,274,000 after buying an additional 10,464 shares in the last quarter. EP Wealth Advisors LLC bought a new position in shares of ProShares S&P 500 Ex-Technology ETF in the fourth quarter worth about $239,000. Osaic Holdings Inc. boosted its stake in shares of ProShares S&P 500 Ex-Technology ETF by 365.2% in 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. Jane Street Group LLC acquired a new stake in shares of ProShares S&P 500 Ex-Technology ETF in the 4th quarter valued at approximately $865,000. Finally, Commonwealth Equity Services LLC bought a new stake in shares of ProShares S&P 500 Ex-Technology ETF during the 4th quarter valued at approximately $248,000.

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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