ProShares S&P 500 Ex-Energy ETF (NYSEARCA:SPXE – Get Free Report) saw a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 562 shares, a growth of 130.3% from the February 26th total of 244 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 3,199 shares, the short-interest ratio is presently 0.2 days.
ProShares S&P 500 Ex-Energy ETF Stock Down 1.8%
Shares of SPXE stock traded down $1.28 on Thursday, reaching $68.97. The stock had a trading volume of 1,243 shares, compared to its average volume of 1,951. The firm’s 50-day moving average is $73.32 and its two-hundred day moving average is $73.14. The firm has a market capitalization of $70.35 million, a price-to-earnings ratio of 26.41 and a beta of 1.01. ProShares S&P 500 Ex-Energy ETF has a 12 month low of $52.40 and a 12 month high of $75.25.
Hedge Funds Weigh In On ProShares S&P 500 Ex-Energy ETF
A number of institutional investors have recently bought and sold shares of SPXE. Thrivent Financial for Lutherans bought a new stake in shares of ProShares S&P 500 Ex-Energy ETF in the third quarter valued at about $208,000. Sterling Investment Counsel LLC bought a new position in ProShares S&P 500 Ex-Energy ETF during the third quarter worth about $325,000. Royal Bank of Canada increased its position in ProShares S&P 500 Ex-Energy ETF by 6.7% during the fourth quarter. Royal Bank of Canada now owns 6,655 shares of the company’s stock worth $492,000 after acquiring an additional 420 shares during the period. EP Wealth Advisors LLC acquired a new stake in ProShares S&P 500 Ex-Energy ETF in the 4th quarter worth about $620,000. Finally, Private Advisor Group LLC boosted its holdings in ProShares S&P 500 Ex-Energy ETF by 28.0% in the 3rd quarter. Private Advisor Group LLC now owns 9,793 shares of the company’s stock valued at $707,000 after purchasing an additional 2,143 shares during the period.
ProShares S&P 500 Ex-Energy ETF Company Profile
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.
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