SPXV Stock Summary and Trading Ideas (ProShares S&P 500 Ex-Health Care ETF | ARCA:SPXV)

ProShares S&P 500 Ex-Health Care ETF seeks investment results, before fees and expenses, that track the performance of the S&P 500 Ex-Health Care Index. The index seeks to provide exposure to the companies of the S&P 500 with the exception of those companies included in the health care sector. The S&P 500 is a measure of large-cap U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 500 U.S. operating companies and real estate investment trusts selected through a process that factors in criteria such as liquidity, price, market capitalization and financial viability. The index classifies each company in the S&P 500 as part of a particular sector, using S&Ps Global Industry Classification Standards ("S&P GICS") to define companies within a sector. The following sectors are included within S&P GICS: consumer discretionary, consumer staples, energy, financials, health care, industrials, information technology, materials, telecommunication services and utilities. For example, the health care sector comprises companies in, among others, the health care provider, services, and technology industries. The index consists of companies from each of the sectors other than the health care sector. Each security in the index is market-cap weighted according to the same rules as the S&P 500.

ProShares S&P 500 Ex-Health Care ETF trades on the ARCA stock market under the symbol SPXV.

As of April 18, 2024, SPXV stock price was flat at $53.39 with 195 million shares trading.

SPXV has a market cap of $19.75 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, SPXV stock traded as high as $55.70 and as low as $36.68.

SPXV has outperformed the market in the last year with a price return of +25.9% while the SPY ETF gained +22.4%. SPXV has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +7.4% and -3.4%, respectively, while the SPY returned +6.2% and -3.7%, respectively.

SPXV support price is $52.90 and resistance is $53.89 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SPXV stock will trade within this expected range on the day.