SPXT Stock Summary and Trading Ideas (ProShares S&P 500 Ex-Technology ETF | ARCA:SPXT)

ProShares S&P 500 Ex Technology ETF seeks investment results, before fees and expenses, that track the performance of the S&P 500 Ex-Information Technology Index. Focuses on S&P 500 companies, except those in the information technology sector. The index seeks to provide exposure to the companies of the S&P 500 with the exception of those companies included in the information technology sector. The S&P 500 is a measure of large cap U.S. stock market performance. It is a float adjusted, market capitalization weighted index of 500 U.S. operating companies and real estate investment trusts selected through a process that factors in criteria such as liquidity, price, market capitalization and financial viability.

ProShares S&P 500 Ex-Technology ETF trades on the ARCA stock market under the symbol SPXT.

As of April 16, 2024, SPXT stock price was flat at $81.39 with 58 million shares trading.

SPXT has a market cap of $51.27 million. This is considered a Micro Cap stock.

In the last 3 years, SPXT stock traded as high as $88.00 and as low as $62.75.

SPXT has underperformed the market in the last year with a return of +17.6%, while the SPY ETF gained +23.7%. In the last 3 month period, SPXT fell short of the market, returning +5.4%, while SPY returned +6.0%. However, in the most recent 2 weeks SPXT has outperformed the stock market by returning -3.4%, while SPY returned -3.5%.

SPXT support price is $80.66 and resistance is $82.12 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SPXT stock will trade within this expected range on the day.