ProShares S&P 500 Ex-Technology ETF (NYSEARCA:SPXT) Stock Falls 0.1% – Time to Sell?

ProShares S&P 500 Ex-Technology ETF (NYSEARCA:SPXT – Get Free Report)’s stock price were down 0.1% during mid-day trading on Tuesday. The stock traded as low as $107.50 and last traded at $108.03. 12,571 shares traded hands during mid-day trading, a decline of 28% from the average daily volume of 17,434 shares. The stock had previously closed at $108.10.

ProShares S&P 500 Ex-Technology ETF Trading Down 0.1%

The company has a market cap of $281.96 million, a PE ratio of 22.39 and a beta of 0.85. The stock has a 50 day moving average price of $110.72 and a 200 day moving average price of $108.08.

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

An institutional investor recently raised its position in ProShares S&P 500 Ex-Technology ETF stock. Ascentis Independent Advisors increased its stake in ProShares S&P 500 Ex-Technology ETF (NYSEARCA:SPXT – Free Report) by 87.4% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 22,443 shares of the company’s stock after buying an additional 10,464 shares during the period. Ascentis Independent Advisors owned 0.92% of ProShares S&P 500 Ex-Technology ETF worth $2,274,000 as of its most recent filing with the Securities & Exchange Commission.

ProShares S&P 500 Ex-Technology ETF Company Profile

(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.

See Also

Receive News & Ratings for ProShares S&P 500 Ex-Technology ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares S&P 500 Ex-Technology ETF and related companies with MarketBeat.com's FREE daily email newsletter.