115,850 Shares in ProShares S&P 500 Ex-Technology ETF $SPXT Bought by Kestra Advisory Services LLC

Kestra Advisory Services LLC purchased a new position in shares of ProShares S&P 500 Ex-Technology ETF (NYSEARCA:SPXT) during the 3rd quarter, Holdings Channel.com reports. The firm purchased 115,850 shares of the company’s stock, valued at approximately $12,404,000.

A number of other hedge funds have also added to or reduced their stakes in SPXT. Cardinal Point Capital Management ULC bought a new position in ProShares S&P 500 Ex-Technology ETF in the third quarter valued at approximately $552,000. Commonwealth Equity Services LLC bought a new stake in ProShares S&P 500 Ex-Technology ETF during the third quarter worth $317,000. Hengehold Capital Management LLC bought a new stake in ProShares S&P 500 Ex-Technology ETF during the third quarter worth $257,000. Finally, Armstrong Advisory Group Inc. lifted its stake in ProShares S&P 500 Ex-Technology ETF by 2.7% during the third quarter. Armstrong Advisory Group Inc. now owns 5,493 shares of the company’s stock worth $588,000 after purchasing an additional 144 shares during the last quarter.

ProShares S&P 500 Ex-Technology ETF Stock Performance

Shares of SPXT stock opened at $112.63 on Tuesday. The stock’s fifty day moving average price is $110.07 and its two-hundred day moving average price is $108.14. The company has a market cap of $366.05 million, a PE ratio of 22.39 and a beta of 0.85. ProShares S&P 500 Ex-Technology ETF has a fifty-two week low of $99.00 and a fifty-two week high of $114.55.

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.