ProShares S&P 500 EX-Health Care ETF (NYSEARCA:SPXV – Get Free Report) was the target of a significant drop in short interest in August. As of August 14th, there was short interest totaling 1,239 shares, a drop of 41.7% from the July 30th total of 2,125 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average trading volume of 668 shares, the short-interest ratio is presently 1.9 days.
ProShares S&P 500 EX-Health Care ETF Stock Down 0.5%
Shares of SPXV stock traded down $0.41 during trading hours on Monday, reaching $83.79. 270 shares of the stock traded hands, compared to its average volume of 1,201. The firm has a market capitalization of $40.22 million, a PE ratio of 26.44 and a beta of 1.06. ProShares S&P 500 EX-Health Care ETF has a 1-year low of $69.02 and a 1-year high of $85.32. The business has a fifty day moving average price of $82.68 and a 200 day moving average price of $79.19.
Institutional Trading of ProShares S&P 500 EX-Health Care ETF
A number of hedge funds have recently modified their holdings of the business. Kestra Advisory Services LLC purchased a new stake in ProShares S&P 500 EX-Health Care ETF in the 4th quarter worth about $134,000. LPL Financial LLC increased its holdings in shares of ProShares S&P 500 EX-Health Care ETF by 29.6% in the 4th quarter. LPL Financial LLC now owns 12,857 shares of the company’s stock valued at $959,000 after purchasing an additional 2,936 shares during the period. Finally, Bank of America Corp DE lifted its position in shares of ProShares S&P 500 EX-Health Care ETF by 815.0% in the second quarter. Bank of America Corp DE now owns 13,835 shares of the company’s stock worth $938,000 after purchasing an additional 12,323 shares in the last quarter.
ProShares S&P 500 EX-Health Care ETF Company Profile
The ProShares S&P 500 ex-Health Care ETF (SPXV) is an exchange-traded fund that is based on the S&P 500 Ex-Health Care index, a market-cap-weighted index of US large-cap stocks, excluding firms in the healthcare sector. SPXV was launched on Sep 22, 2015 and is managed by ProShares.
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