ProShares S&P 500 Ex-Technology ETF (NYSEARCA:SPXT) Short Interest Update

ProShares S&P 500 Ex-Technology ETF (NYSEARCA:SPXT) saw a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 8,822 shares, a decrease of 30.9% from the December 15th total of 12,761 shares. Based on an average daily trading volume, of 17,593 shares, the short-interest ratio is currently 0.5 days. Approximately 0.4% of the shares of the stock are short sold. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 17,593 shares, the short-interest ratio is currently 0.5 days.

Institutional Investors Weigh In On ProShares S&P 500 Ex-Technology ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Armstrong Advisory Group Inc. lifted its stake in shares of ProShares S&P 500 Ex-Technology ETF by 4.0% in the 4th quarter. Armstrong Advisory Group Inc. now owns 136,832 shares of the company’s stock valued at $14,212,000 after purchasing an additional 5,291 shares during the last quarter. CIBC Bancorp USA Inc. bought a new stake in ProShares S&P 500 Ex-Technology ETF in the third quarter worth $240,000. Susquehanna International Group LLP boosted its stake in ProShares S&P 500 Ex-Technology ETF by 64.4% during the third quarter. Susquehanna International Group LLP now owns 9,449 shares of the company’s stock worth $952,000 after buying an additional 3,703 shares during the period. Northwestern Mutual Wealth Management Co. bought a new position in ProShares S&P 500 Ex-Technology ETF during the third quarter valued at $30,000. Finally, AMJ Financial Wealth Management raised its stake in shares of ProShares S&P 500 Ex-Technology ETF by 27.8% in the third quarter. AMJ Financial Wealth Management now owns 3,576 shares of the company’s stock valued at $360,000 after acquiring an additional 777 shares during the period.

ProShares S&P 500 Ex-Technology ETF Stock Performance

NYSEARCA:SPXT traded up $0.12 during trading hours on Friday, reaching $106.39. The stock had a trading volume of 48,112 shares, compared to its average volume of 30,300. The stock has a market capitalization of $263.85 million, a PE ratio of 22.39 and a beta of 0.91. ProShares S&P 500 Ex-Technology ETF has a 52 week low of $79.66 and a 52 week high of $106.86. The company has a 50 day moving average price of $103.62 and a two-hundred day moving average price of $100.63.

About ProShares S&P 500 Ex-Technology ETF

The ProShares S&P 500 ex-Technology ETF (SPXT) is an exchange-traded fund that is based on the S&P 500 Ex-Information Technology index, a market-cap-weighted index of US large-cap stocks, excluding firms in the technology sector. SPXT was launched on Sep 22, 2015 and is managed by ProShares.