Fortitude Family Office LLC Makes New $730,000 Investment in Proshares S&P 500 EX-Financials ETF (NYSEARCA:SPXN)

Fortitude Family Office LLC bought a new stake in Proshares S&P 500 EX-Financials ETF (NYSEARCA:SPXN) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 11,600 shares of the company’s stock, valued at approximately $730,000.

Several other institutional investors also recently modified their holdings of SPXN. EP Wealth Advisors LLC lifted its holdings in Proshares S&P 500 EX-Financials ETF by 100.0% during the second quarter. EP Wealth Advisors LLC now owns 2,666 shares of the company’s stock valued at $158,000 after purchasing an additional 1,333 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of Proshares S&P 500 EX-Financials ETF during the 2nd quarter valued at approximately $489,000. Finally, Investors Research Corp boosted its holdings in Proshares S&P 500 EX-Financials ETF by 5.0% in the 3rd quarter. Investors Research Corp now owns 14,706 shares of the company’s stock worth $911,000 after buying an additional 702 shares during the period.

Proshares S&P 500 EX-Financials ETF Price Performance

NYSEARCA:SPXN opened at $63.44 on Friday. Proshares S&P 500 EX-Financials ETF has a 1 year low of $50.79 and a 1 year high of $65.44. The stock’s fifty day moving average price is $63.86 and its two-hundred day moving average price is $61.54. The company has a market cap of $67.25 million, a P/E ratio of 26.49 and a beta of 1.01.

Proshares S&P 500 EX-Financials ETF Profile

The ProShares S&P 500 ex-Financials ETF (SPXN) is an exchange-traded fund that is based on the S&P 500 Ex-Financials & Real Estate index, a market-cap-weighted index of US large-cap stocks, excluding firms in the financial and real estate sectors. SPXN was launched on Sep 22, 2015 and is managed by ProShares.