Modera Wealth Management LLC Makes New $539,000 Investment in Proshares S&P 500 EX-Financials ETF (NYSEARCA:SPXN)

Modera Wealth Management LLC bought a new position in shares of Proshares S&P 500 EX-Financials ETF (NYSEARCA:SPXN) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 8,556 shares of the company’s stock, valued at approximately $539,000.

Separately, Fortitude Family Office LLC purchased a new stake in shares of Proshares S&P 500 EX-Financials ETF during the fourth quarter worth $730,000.

Proshares S&P 500 EX-Financials ETF Stock Performance

Proshares S&P 500 EX-Financials ETF stock opened at $61.39 on Wednesday. The stock has a market cap of $59.55 million, a P/E ratio of 29.65 and a beta of 0.99. Proshares S&P 500 EX-Financials ETF has a fifty-two week low of $53.29 and a fifty-two week high of $65.53. The firm’s fifty day moving average price is $63.99 and its 200-day moving average price is $62.89.

About Proshares S&P 500 EX-Financials ETF

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.