Short Interest in ProShares S&P 500 Ex-Energy ETF (NYSEARCA:SPXE) Decreases By 78.1%

ProShares S&P 500 Ex-Energy ETF (NYSEARCA:SPXE) saw a significant decrease in short interest in February. As of February 27th, there was short interest totaling 244 shares, a decrease of 78.1% from the February 12th total of 1,116 shares. Based on an average trading volume of 1,288 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 1,288 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Thrivent Financial for Lutherans purchased a new stake in shares of ProShares S&P 500 Ex-Energy ETF in the third quarter worth about $208,000. Sterling Investment Counsel LLC purchased a new stake in shares of ProShares S&P 500 Ex-Energy ETF during the 3rd quarter valued at about $325,000. Royal Bank of Canada raised its holdings in shares of ProShares S&P 500 Ex-Energy ETF by 6.7% during the 4th quarter. Royal Bank of Canada now owns 6,655 shares of the company’s stock valued at $492,000 after buying an additional 420 shares during the period. EP Wealth Advisors LLC acquired a new position in ProShares S&P 500 Ex-Energy ETF during the 4th quarter worth approximately $620,000. Finally, Private Advisor Group LLC lifted its position in ProShares S&P 500 Ex-Energy ETF by 28.0% during the 3rd quarter. Private Advisor Group LLC now owns 9,793 shares of the company’s stock worth $707,000 after acquiring an additional 2,143 shares in the last quarter.

ProShares S&P 500 Ex-Energy ETF Stock Performance

Shares of NYSEARCA:SPXE traded down $0.13 during midday trading on Tuesday, hitting $72.71. 3,696 shares of the company’s stock traded hands, compared to its average volume of 2,026. The firm’s fifty day moving average price is $74.11 and its two-hundred day moving average price is $73.07. ProShares S&P 500 Ex-Energy ETF has a twelve month low of $52.40 and a twelve month high of $75.25. The company has a market cap of $74.16 million, a PE ratio of 26.41 and a beta of 1.01.

ProShares S&P 500 Ex-Energy ETF Company Profile

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