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

ProShares S&P 500 Ex-Energy ETF (NYSEARCA:SPXE) saw a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 1,374 shares, an increase of 98.8% from the June 15th total of 691 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 1,501 shares, the short-interest ratio is presently 0.9 days.

Hedge Funds Weigh In On ProShares S&P 500 Ex-Energy ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Independent Financial Group LLC acquired a new position in shares of ProShares S&P 500 Ex-Energy ETF in the 1st quarter worth approximately $208,000. Centurion Wealth Management LLC lifted its stake in shares of ProShares S&P 500 Ex-Energy ETF by 6.5% in the 2nd 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 period. Royal Bank of Canada grew its stake in ProShares S&P 500 Ex-Energy ETF by 3.5% during the first quarter. Royal Bank of Canada now owns 6,890 shares of the company’s stock worth $479,000 after purchasing an additional 235 shares during the period. EP Wealth Advisors LLC acquired a new position in ProShares S&P 500 Ex-Energy ETF in the fourth quarter valued at approximately $620,000. Finally, Private Advisor Group LLC grew its position in shares of 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 buying an additional 2,143 shares during the period.

ProShares S&P 500 Ex-Energy ETF Price Performance

SPXE opened at $81.36 on Thursday. ProShares S&P 500 Ex-Energy ETF has a fifty-two week low of $67.18 and a fifty-two week high of $83.20. The company’s 50 day moving average price is $80.30 and its two-hundred day moving average price is $75.99. The firm has a market capitalization of $84.61 million, a price-to-earnings ratio of 26.41 and a beta of 1.02.

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.