Cardinal Point Capital Management ULC bought a new stake in shares of ProShares S&P 500 Ex-Technology ETF (NYSEARCA:SPXT – Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,155 shares of the company’s stock, valued at approximately $552,000. Cardinal Point Capital Management ULC owned approximately 0.19% of ProShares S&P 500 Ex-Technology ETF at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Ascentis Independent Advisors raised its position in ProShares S&P 500 Ex-Technology ETF by 87.4% in the 1st 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 period. Hengehold Capital Management LLC purchased a new position in ProShares S&P 500 Ex-Technology ETF in the 3rd quarter worth about $257,000. Finally, Armstrong Advisory Group Inc. lifted its holdings in ProShares S&P 500 Ex-Technology ETF by 2.7% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 5,493 shares of the company’s stock valued at $588,000 after buying an additional 144 shares in the last quarter.
ProShares S&P 500 Ex-Technology ETF Stock Performance
Shares of NYSEARCA SPXT opened at $111.43 on Thursday. ProShares S&P 500 Ex-Technology ETF has a 52-week low of $99.00 and a 52-week high of $113.74. The firm has a market capitalization of $304.20 million, a price-to-earnings ratio of 22.39 and a beta of 0.86. The stock has a 50 day moving average price of $110.34 and a 200 day moving average price of $108.96.
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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