ProShares S&P 500 EX-Health Care ETF (NYSEARCA:SPXV) Short Interest Down 35.3% in April

ProShares S&P 500 EX-Health Care ETF (NYSEARCA:SPXV) saw a significant decrease in short interest in April. As of April 30th, there was short interest totaling 680 shares, a decrease of 35.3% from the April 15th total of 1,051 shares. Based on an average daily trading volume, of 1,494 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the company’s shares are sold short.

Hedge Funds Weigh In On ProShares S&P 500 EX-Health Care ETF

Large investors have recently made changes to their positions in the business. Kestra Advisory Services LLC bought a new stake in shares of ProShares S&P 500 EX-Health Care ETF during the fourth quarter valued at approximately $134,000. Cozad Asset Management Inc. bought a new stake in shares of ProShares S&P 500 EX-Health Care ETF during the third quarter valued at approximately $203,000. LPL Financial LLC increased its position in shares of ProShares S&P 500 EX-Health Care ETF by 29.6% during the fourth quarter. LPL Financial LLC now owns 12,857 shares of the company’s stock valued at $959,000 after acquiring an additional 2,936 shares in the last quarter. Truefg LLC increased its position in shares of ProShares S&P 500 EX-Health Care ETF by 35.5% during the fourth quarter. Truefg LLC now owns 13,391 shares of the company’s stock valued at $999,000 after acquiring an additional 3,508 shares in the last quarter. Finally, Forteris Wealth Management Inc. bought a new stake in shares of ProShares S&P 500 EX-Health Care ETF during the fourth quarter valued at approximately $451,000.

ProShares S&P 500 EX-Health Care ETF Stock Down 0.7%

Shares of SPXV stock traded down $0.56 during trading hours on Tuesday, hitting $81.12. 393 shares of the company’s stock traded hands, compared to its average volume of 1,498. The stock’s fifty day simple moving average is $75.73 and its two-hundred day simple moving average is $75.04. ProShares S&P 500 EX-Health Care ETF has a 12-month low of $63.27 and a 12-month high of $83.01. The stock has a market cap of $38.94 million, a price-to-earnings ratio of 26.44 and a beta of 1.06.

ProShares S&P 500 EX-Health Care ETF Company Profile

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