ProShares S&P 500 Ex-Energy ETF (NYSEARCA:SPXE) Short Interest Update

ProShares S&P 500 Ex-Energy ETF (NYSEARCA:SPXE) was the target of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 99 shares, a drop of 93.4% from the August 15th total of 1,504 shares. Based on an average daily volume of 1,100 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Trading of ProShares S&P 500 Ex-Energy ETF

Several hedge funds and other institutional investors have recently modified their holdings of SPXE. Independent Financial Group LLC bought a new position in ProShares S&P 500 Ex-Energy ETF in the 1st quarter valued at about $208,000. Centurion Wealth Management LLC grew its position in shares of ProShares S&P 500 Ex-Energy ETF by 6.5% in the second quarter. Centurion Wealth Management LLC now owns 3,237 shares of the company’s stock valued at $261,000 after purchasing an additional 198 shares during the last quarter. Royal Bank of Canada grew its position in shares of ProShares S&P 500 Ex-Energy ETF by 6.7% in the fourth quarter. Royal Bank of Canada now owns 6,655 shares of the company’s stock valued at $492,000 after purchasing an additional 420 shares during the last quarter. EP Wealth Advisors LLC bought a new position in shares of ProShares S&P 500 Ex-Energy ETF during the fourth quarter worth approximately $620,000. Finally, Private Advisor Group LLC increased its stake in shares of ProShares S&P 500 Ex-Energy ETF by 28.0% during the third quarter. Private Advisor Group LLC now owns 9,793 shares of the company’s stock worth $707,000 after purchasing an additional 2,143 shares during the period.

ProShares S&P 500 Ex-Energy ETF Price Performance

SPXE stock traded up $0.72 during midday trading on Friday, reaching $82.09. 822 shares of the company were exchanged, compared to its average volume of 1,334. ProShares S&P 500 Ex-Energy ETF has a one year low of $67.48 and a one year high of $83.70. The firm has a market capitalization of $85.37 million, a price-to-earnings ratio of 26.41 and a beta of 1.02. The business has a 50-day moving average price of $81.70 and a two-hundred day moving average price of $78.18.

About ProShares S&P 500 Ex-Energy ETF

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.