ProShares S&P 500 Ex-Technology ETF (NYSEARCA:SPXT) Short Interest Update

ProShares S&P 500 Ex-Technology ETF (NYSEARCA:SPXTGet Free Report) was the target of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 8,822 shares, a decrease of 30.9% from the December 15th total of 12,761 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 17,593 shares, the short-interest ratio is presently 0.5 days. Based on an average daily trading volume, of 17,593 shares, the short-interest ratio is presently 0.5 days. Approximately 0.4% of the company’s shares are sold short.

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

Hedge funds have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. acquired a new position in shares of ProShares S&P 500 Ex-Technology ETF in the 3rd quarter valued at $30,000. GPS Wealth Strategies Group LLC purchased a new stake in ProShares S&P 500 Ex-Technology ETF during the second quarter valued at about $77,000. CIBC Bancorp USA Inc. purchased a new stake in ProShares S&P 500 Ex-Technology ETF during the third quarter valued at about $240,000. Hengehold Capital Management LLC acquired a new stake in ProShares S&P 500 Ex-Technology ETF during the third quarter worth about $360,000. Finally, AMJ Financial Wealth Management raised its holdings in shares of ProShares S&P 500 Ex-Technology ETF by 27.8% in the 3rd quarter. AMJ Financial Wealth Management now owns 3,576 shares of the company’s stock worth $360,000 after purchasing an additional 777 shares during the period.

ProShares S&P 500 Ex-Technology ETF Price Performance

SPXT traded up $0.12 during trading on Monday, hitting $106.39. The company’s stock had a trading volume of 48,112 shares, compared to its average volume of 30,300. ProShares S&P 500 Ex-Technology ETF has a twelve month low of $79.66 and a twelve month high of $106.86. The stock has a market cap of $263.85 million, a PE ratio of 22.39 and a beta of 0.91. The firm’s 50 day moving average price is $103.62 and its 200-day moving average price is $100.66.

ProShares S&P 500 Ex-Technology ETF Company Profile

(Get Free Report)

The ProShares S&P 500 ex-Technology ETF (SPXT) is an exchange-traded fund that is based on the S&P 500 Ex-Information Technology index, a market-cap-weighted index of US large-cap stocks, excluding firms in the technology sector. SPXT was launched on Sep 22, 2015 and is managed by ProShares.

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