ProShares S&P 500 EX-Health Care ETF (NYSEARCA:SPXV) Short Interest Down 79.5% in December

ProShares S&P 500 EX-Health Care ETF (NYSEARCA:SPXVGet Free Report) saw a large decrease in short interest in December. As of December 31st, there was short interest totaling 2,419 shares, a decrease of 79.5% from the December 15th total of 11,802 shares. Based on an average daily trading volume, of 948 shares, the days-to-cover ratio is presently 2.6 days. Currently, 0.5% of the company’s stock are short sold. Currently, 0.5% of the company’s stock are short sold. Based on an average daily trading volume, of 948 shares, the days-to-cover ratio is presently 2.6 days.

Hedge Funds Weigh In On ProShares S&P 500 EX-Health Care ETF

A number of hedge funds have recently added to or reduced their stakes in SPXV. Atria Wealth Solutions Inc. bought a new position in ProShares S&P 500 EX-Health Care ETF during the second quarter valued at approximately $216,000. Western Wealth Management LLC raised its holdings in shares of ProShares S&P 500 EX-Health Care ETF by 3.7% during the 2nd quarter. Western Wealth Management LLC now owns 5,151 shares of the company’s stock valued at $349,000 after purchasing an additional 183 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of ProShares S&P 500 EX-Health Care ETF by 815.0% during the 2nd quarter. Bank of America Corp DE now owns 13,835 shares of the company’s stock valued at $938,000 after purchasing an additional 12,323 shares in the last quarter. Finally, Cozad Asset Management Inc. acquired a new stake in shares of ProShares S&P 500 EX-Health Care ETF in the 3rd quarter valued at $203,000.

ProShares S&P 500 EX-Health Care ETF Trading Down 0.3%

NYSEARCA SPXV traded down $0.20 on Tuesday, reaching $75.63. The stock had a trading volume of 514 shares, compared to its average volume of 1,159. ProShares S&P 500 EX-Health Care ETF has a 1 year low of $51.95 and a 1 year high of $75.99. The business has a 50 day moving average price of $74.31 and a 200 day moving average price of $72.35. The company has a market capitalization of $36.30 million, a price-to-earnings ratio of 26.44 and a beta of 1.06.

ProShares S&P 500 EX-Health Care ETF Company Profile

(Get Free Report)

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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