Cardinal Point Capital Management ULC Acquires 5,155 Shares of ProShares S&P 500 Ex-Technology ETF $SPXT

Cardinal Point Capital Management ULC bought a new position in shares of ProShares S&P 500 Ex-Technology ETF (NYSEARCA:SPXT) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 5,155 shares of the company’s stock, valued at approximately $552,000.

Several other hedge funds have also recently modified their holdings of SPXT. Ascentis Independent Advisors raised its position in shares of 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 valued at $2,274,000 after purchasing an additional 10,464 shares during the last quarter. Hengehold Capital Management LLC purchased a new stake in ProShares S&P 500 Ex-Technology ETF during the 3rd quarter valued at about $257,000. Finally, Armstrong Advisory Group Inc. increased its holdings in shares of ProShares S&P 500 Ex-Technology ETF by 2.7% in the third quarter. Armstrong Advisory Group Inc. now owns 5,493 shares of the company’s stock valued at $588,000 after purchasing an additional 144 shares during the period.

ProShares S&P 500 Ex-Technology ETF Price Performance

SPXT stock opened at $111.43 on Thursday. The firm’s fifty day simple moving average is $110.34 and its 200-day simple moving average is $108.96. ProShares S&P 500 Ex-Technology ETF has a 12 month low of $99.00 and a 12 month high of $113.74. The company has a market capitalization of $304.20 million, a P/E ratio of 22.39 and a beta of 0.86.

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.