ProShares S&P 500 EX-Health Care ETF (NYSEARCA:SPXV) Short Interest Down 35.3% in April

ProShares S&P 500 EX-Health Care ETF (NYSEARCA:SPXV) was the recipient of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 680 shares, a decrease of 35.3% from the April 15th total of 1,051 shares. Based on an average daily trading volume, of 1,494 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.1% of the company’s stock are short sold.

ProShares S&P 500 EX-Health Care ETF Stock Performance

Shares of NYSEARCA:SPXV traded down $0.14 during trading on Monday, reaching $81.68. 474 shares of the stock traded hands, compared to its average volume of 1,510. The stock has a 50-day moving average of $75.73 and a two-hundred day moving average of $75.04. ProShares S&P 500 EX-Health Care ETF has a 52-week low of $63.27 and a 52-week high of $83.01. The stock has a market cap of $39.21 million, a P/E ratio of 26.44 and a beta of 1.06.

Institutional Investors Weigh In On ProShares S&P 500 EX-Health Care ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Kestra Advisory Services LLC purchased a new stake in ProShares S&P 500 EX-Health Care ETF in the fourth quarter worth approximately $134,000. Cozad Asset Management Inc. purchased a new stake in ProShares S&P 500 EX-Health Care ETF in the third quarter worth approximately $203,000. Forteris Wealth Management Inc. purchased a new stake in ProShares S&P 500 EX-Health Care ETF in the fourth quarter worth approximately $451,000. LPL Financial LLC boosted its holdings in ProShares S&P 500 EX-Health Care ETF by 29.6% in the fourth quarter. LPL Financial LLC now owns 12,857 shares of the company’s stock worth $959,000 after purchasing an additional 2,936 shares during the last quarter. Finally, Truefg LLC boosted its holdings in ProShares S&P 500 EX-Health Care ETF by 35.5% in the fourth quarter. Truefg LLC now owns 13,391 shares of the company’s stock worth $999,000 after purchasing an additional 3,508 shares during 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.