ProShares S&P 500 Ex-Energy ETF (NYSEARCA:SPXE) Short Interest Update
by Renee Jackson · The Cerbat GemProShares S&P 500 Ex-Energy ETF (NYSEARCA:SPXE – Get Free Report) saw a large growth in short interest in the month of March. As of March 31st, there was short interest totaling 3,990 shares, a growth of 610.0% from the March 15th total of 562 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 1,585 shares, the short-interest ratio is currently 2.5 days.
Institutional Investors Weigh In On ProShares S&P 500 Ex-Energy ETF
Institutional investors have recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its holdings in shares of ProShares S&P 500 Ex-Energy ETF by 0.3% during the 4th quarter. JPMorgan Chase & Co. now owns 52,240 shares of the company’s stock valued at $3,860,000 after buying an additional 150 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of ProShares S&P 500 Ex-Energy ETF by 5.5% during the 4th quarter. LPL Financial LLC now owns 27,710 shares of the company’s stock valued at $2,047,000 after buying an additional 1,439 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of ProShares S&P 500 Ex-Energy ETF by 11.6% during the 3rd quarter. Bank of America Corp DE now owns 17,693 shares of the company’s stock valued at $1,277,000 after buying an additional 1,845 shares during the last quarter. Private Advisor Group LLC lifted its holdings 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 valued at $707,000 after buying an additional 2,143 shares during the last quarter. Finally, EP Wealth Advisors LLC acquired a new stake in shares of ProShares S&P 500 Ex-Energy ETF during the 4th quarter valued at about $620,000.
ProShares S&P 500 Ex-Energy ETF Stock Down 0.2%
Shares of SPXE traded down $0.14 during trading hours on Friday, reaching $72.96. The company’s stock had a trading volume of 2,031 shares, compared to its average volume of 1,906. The firm has a market cap of $75.15 million, a price-to-earnings ratio of 26.41 and a beta of 1.01. ProShares S&P 500 Ex-Energy ETF has a 1-year low of $55.40 and a 1-year high of $75.25. The company has a 50 day moving average of $72.29 and a two-hundred day moving average of $73.04.
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.