Legacy Wealth Managment LLC ID Invests $376,000 in ProShares Short VIX Short-Term Futures ETF $SVXY

Legacy Wealth Managment LLC ID purchased a new position in ProShares Short VIX Short-Term Futures ETF (BATS:SVXY) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 8,820 shares of the company’s stock, valued at approximately $376,000. Legacy Wealth Managment LLC ID owned about 0.13% of ProShares Short VIX Short-Term Futures ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SVXY. Spire Wealth Management acquired a new stake in shares of ProShares Short VIX Short-Term Futures ETF in the second quarter worth approximately $115,000. Commerce Bank purchased a new position in ProShares Short VIX Short-Term Futures ETF during the first quarter worth approximately $202,000. Chicago Wealth Management Inc. acquired a new position in shares of ProShares Short VIX Short-Term Futures ETF in the 1st quarter valued at $322,000. Simplex Trading LLC acquired a new position in shares of ProShares Short VIX Short-Term Futures ETF in the 2nd quarter valued at $696,000. Finally, Wealth Enhancement Advisory Services LLC purchased a new stake in shares of ProShares Short VIX Short-Term Futures ETF during the 2nd quarter valued at $2,094,000.

ProShares Short VIX Short-Term Futures ETF Stock Performance

SVXY stock opened at $48.90 on Friday. The business has a fifty day simple moving average of $49.81 and a 200-day simple moving average of $45.11. ProShares Short VIX Short-Term Futures ETF has a 52 week low of $32.05 and a 52 week high of $60.71.

ProShares Short VIX Short-Term Futures ETF Company Profile

The ProShares Short VIX Short-Term Futures ETF (SVXY) is an exchange-traded fund that is based on the S&P 500 VIX Short-Term Futures index. The fund provides inverse exposure to an index comprising first- and second-month VIX future positions resulting in a weighted average maturity of one month. SVXY was launched on Oct 3, 2011 and is managed by ProShares.