ProShares S&P 500 Ex-Energy ETF (NYSEARCA:SPXE) Short Interest Down 35.6% in February

ProShares S&P 500 Ex-Energy ETF (NYSEARCA:SPXE) was the target of a large decline in short interest in February. As of February 13th, there was short interest totaling 1,116 shares, a decline of 35.6% from the January 29th total of 1,733 shares. Based on an average daily volume of 2,449 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 2,449 shares, the days-to-cover ratio is presently 0.5 days.

ProShares S&P 500 Ex-Energy ETF Trading Up 0.1%

Shares of NYSEARCA:SPXE traded up $0.06 during trading on Monday, reaching $73.76. The stock had a trading volume of 2,238 shares, compared to its average volume of 1,681. The firm’s 50-day simple moving average is $74.33 and its 200 day simple moving average is $72.89. ProShares S&P 500 Ex-Energy ETF has a one year low of $52.40 and a one year high of $75.25. The company has a market capitalization of $75.24 million, a P/E ratio of 26.41 and a beta of 1.01.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its stake in shares of ProShares S&P 500 Ex-Energy ETF by 0.3% during the fourth quarter. JPMorgan Chase & Co. now owns 52,240 shares of the company’s stock worth $3,860,000 after acquiring an additional 150 shares during the last quarter. Royal Bank of Canada grew its position in ProShares S&P 500 Ex-Energy ETF by 6.7% during the 4th quarter. Royal Bank of Canada now owns 6,655 shares of the company’s stock worth $492,000 after purchasing an additional 420 shares during the period. LPL Financial LLC lifted its holdings in shares of ProShares S&P 500 Ex-Energy ETF by 5.5% in 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 period. Bank of America Corp DE boosted its stake in shares of ProShares S&P 500 Ex-Energy ETF by 11.6% in the third quarter. Bank of America Corp DE now owns 17,693 shares of the company’s stock worth $1,277,000 after buying an additional 1,845 shares during the last quarter. Finally, Private Advisor Group LLC grew its holdings in ProShares S&P 500 Ex-Energy ETF by 28.0% during the third quarter. Private Advisor Group LLC now owns 9,793 shares of the company’s stock worth $707,000 after acquiring 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.