ProShares S&P 500 Ex-Technology ETF (NYSEARCA:SPXT) Short Interest Update

ProShares S&P 500 Ex-Technology ETF (NYSEARCA:SPXT) was the target of a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 14,078 shares, a drop of 30.8% from the January 29th total of 20,343 shares. Based on an average daily volume of 14,864 shares, the short-interest ratio is currently 0.9 days. Currently, 0.6% of the shares of the company are sold short. Currently, 0.6% of the shares of the company are sold short. Based on an average daily volume of 14,864 shares, the short-interest ratio is currently 0.9 days.

ProShares S&P 500 Ex-Technology ETF Price Performance

ProShares S&P 500 Ex-Technology ETF stock traded up $0.67 during mid-day trading on Friday, reaching $107.90. 46,322 shares of the company were exchanged, compared to its average volume of 17,913. The firm has a market cap of $275.15 million, a PE ratio of 22.39 and a beta of 0.91. The company has a fifty day simple moving average of $106.13 and a 200-day simple moving average of $102.75. ProShares S&P 500 Ex-Technology ETF has a 12 month low of $79.66 and a 12 month high of $108.04.

Institutional Investors Weigh In On ProShares S&P 500 Ex-Technology ETF

A number of large investors have recently modified their holdings of SPXT. Golden State Equity Partners boosted its stake in shares of ProShares S&P 500 Ex-Technology ETF by 1.5% in the 3rd quarter. Golden State Equity Partners now owns 12,743 shares of the company’s stock valued at $1,281,000 after purchasing an additional 194 shares in the last quarter. Northwestern Mutual Wealth Management Co. acquired a new position in shares of ProShares S&P 500 Ex-Technology ETF during the third quarter worth $30,000. AMJ Financial Wealth Management increased its stake in shares of ProShares S&P 500 Ex-Technology ETF by 14.5% in the fourth quarter. AMJ Financial Wealth Management now owns 4,094 shares of the company’s stock valued at $425,000 after buying an additional 518 shares during the period. GPS Wealth Strategies Group LLC acquired a new stake in ProShares S&P 500 Ex-Technology ETF during the 2nd quarter worth approximately $77,000. Finally, Osaic Holdings Inc. grew its holdings in ProShares S&P 500 Ex-Technology ETF by 365.2% during the 4th quarter. Osaic Holdings Inc. now owns 1,470 shares of the company’s stock worth $153,000 after acquiring an additional 1,154 shares during the last quarter.

ProShares S&P 500 Ex-Technology ETF Company Profile

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