Launched on September 22, 2015, the ProShares S&P 500 Ex-Technology ETF (SPXT) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Blend segment of the US equity market.
ProShares S&P 500 Ex-Technology ETF is a passively managed ETF offering exposure to the S&P 500 without the GICS IT sector. With financials as the top allocation, SPXT is lighter in growth than IVV, with larger exposure to value and low volatility factors. Since September 2018, SPXT has underperformed IVV by almost 43%, delivering softer risk-adjusted returns as well.
Looking for broad exposure to the Large Cap Blend segment of the US equity market? You should consider the ProShares S&P 500 Ex-Technology ETF (SPXT), a passively managed exchange traded fund launched on September 22, 2015.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| LB Leonid Berline ARMSTRONG ADVISORY GROUP Inc. | 220,005 | $21.59M | $23.62M | $2.03M | 9.41% |
| ARCA Exchange | US Country |
The presented company operates as an investment fund, focusing its investment strategy on replicating, to the extent possible, the performance of the S&P 500® Index, excluding companies within the Information Technology Sector. This unique approach allows the fund to provide its investors with a diversified investment option, targeting the stability and growth potential of the S&P 500, while reducing exposure to the specific risks associated with the technology sector. By committing at least 80% of its total assets to the component securities of the S&P 500 (excluding Information Technology companies), the fund aims to offer a balanced and potentially less volatile investment opportunity to its clientele.
The fund's principal products and services are designed to cater to investors who are looking for S&P 500 exposure with reduced technology sector risk. These include:
This service offers investors exposure to the stability and growth potential of the S&P 500 Index while intentionally excluding stocks from the Information Technology Sector. This product is suitable for those who wish to avoid the potential volatility and risk associated with the tech sector.
With a focus on managing investments efficiently and aiming for stability and growth, the fund provides asset management services that include portfolio management and investment strategy implementation. This service is tailored for investors who prefer a managed investment approach, seeking to navigate the complexities of the market while targeting specific investment outcomes.