Cisco Systems Stake Cut by 17.5% as ProShare Advisors Sells 1.13M Shares
ProShare Advisors reduced its Cisco Systems stake by 17.5%, selling 1,128,468 shares and retaining 5,333,066 shares. Cisco now represents approximately 0.8% of ProShare Advisors’ portfolio following the sale.
1. ProShare Advisors Trims Cisco Position
In its most recent quarter, ProShare Advisors reduced its Cisco Systems holding by 17.5%, selling 1,128,468 shares and ending the period with 5,333,066 shares.
2. Updated Portfolio Allocation
After the sale, Cisco Systems accounts for roughly 0.8% of ProShare Advisors’ total portfolio, indicating a modest shift in the fund’s technology exposure.
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