Short Interest in ProShares S&P 500 Ex-Technology ETF (NYSEARCA:SPXT) Decreases By 30.8%

ProShares S&P 500 Ex-Technology ETF (NYSEARCA:SPXT) was the recipient of a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 14,078 shares, a drop of 30.8% from the January 29th total of 20,343 shares. Based on an average daily volume of 14,864 shares, the short-interest ratio is presently 0.9 days. Approximately 0.6% of the shares of the stock are short sold. Approximately 0.6% of the shares of the stock are short sold. Based on an average daily volume of 14,864 shares, the short-interest ratio is presently 0.9 days.

Institutional Trading of ProShares S&P 500 Ex-Technology ETF

Large investors have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. bought a new position in shares of ProShares S&P 500 Ex-Technology ETF in the third quarter worth approximately $30,000. GPS Wealth Strategies Group LLC bought a new position in shares of ProShares S&P 500 Ex-Technology ETF in the 2nd quarter worth $77,000. Osaic Holdings Inc. raised its position in shares of ProShares S&P 500 Ex-Technology ETF by 365.2% during the 4th quarter. Osaic Holdings Inc. now owns 1,470 shares of the company’s stock valued at $153,000 after buying an additional 1,154 shares in the last quarter. Betterment LLC purchased a new position in ProShares S&P 500 Ex-Technology ETF in the fourth quarter worth $230,000. Finally, EP Wealth Advisors LLC purchased a new position in ProShares S&P 500 Ex-Technology ETF in the fourth quarter worth $239,000.

ProShares S&P 500 Ex-Technology ETF Trading Down 0.5%

Shares of ProShares S&P 500 Ex-Technology ETF stock traded down $0.56 during trading on Monday, hitting $107.35. The stock had a trading volume of 9,810 shares, compared to its average volume of 17,706. ProShares S&P 500 Ex-Technology ETF has a 12 month low of $79.66 and a 12 month high of $108.04. The firm has a market cap of $273.73 million, a price-to-earnings ratio of 22.39 and a beta of 0.91. The business’s 50-day moving average is $106.13 and its 200 day moving average is $102.79.

ProShares S&P 500 Ex-Technology ETF Company Profile

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.