ProShares S&P 500 Ex-Energy ETF (NYSEARCA:SPXE) Short Interest Update

ProShares S&P 500 Ex-Energy ETF (NYSEARCA:SPXE) was the target of a large decline in short interest in August. As of August 31st, there was short interest totaling 99 shares, a decline of 93.4% from the August 15th total of 1,504 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 1,100 shares, the days-to-cover ratio is presently 0.1 days.

ProShares S&P 500 Ex-Energy ETF Stock Performance

NYSEARCA SPXE traded up $0.88 on Friday, reaching $82.25. The company had a trading volume of 605 shares, compared to its average volume of 1,333. The company’s fifty day moving average is $81.67 and its 200-day moving average is $78.15. The firm has a market capitalization of $85.54 million, a price-to-earnings ratio of 26.41 and a beta of 1.02. ProShares S&P 500 Ex-Energy ETF has a 1-year low of $67.48 and a 1-year high of $83.70.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. JPMorgan Chase & Co. raised its position in ProShares S&P 500 Ex-Energy ETF by 0.3% in the 4th quarter. JPMorgan Chase & Co. now owns 52,240 shares of the company’s stock valued at $3,860,000 after buying an additional 150 shares during the last quarter. LPL Financial LLC grew its stake in shares of ProShares S&P 500 Ex-Energy ETF by 5.5% during the 4th quarter. LPL Financial LLC now owns 27,710 shares of the company’s stock worth $2,047,000 after acquiring an additional 1,439 shares in the last quarter. Bank of America Corp DE lifted its position in ProShares S&P 500 Ex-Energy ETF by 11.6% during the 3rd 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 in the last quarter. Range Advisory LLC lifted its position in ProShares S&P 500 Ex-Energy ETF by 2.0% during the 2nd quarter. Range Advisory LLC now owns 16,614 shares of the company’s stock worth $1,341,000 after buying an additional 333 shares in the last quarter. Finally, Citadel Advisors LLC boosted its stake in shares of ProShares S&P 500 Ex-Energy ETF by 160.7% during the 2nd quarter. Citadel Advisors LLC now owns 9,996 shares of the company’s stock worth $807,000 after buying an additional 6,162 shares during the last quarter.

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.