Brookstone Capital Management Makes New Investment in 2x Long VIX Futures ETF $UVIX

Brookstone Capital Management bought a new position in 2x Long VIX Futures ETF (BATS:UVIX) during the 1st quarter, Holdings Channel reports. The institutional investor bought 161,520 shares of the company’s stock, valued at approximately $1,399,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of UVIX. Clough Capital Partners L P raised its position in 2x Long VIX Futures ETF by 326.2% in the second quarter. Clough Capital Partners L P now owns 53,275 shares of the company’s stock valued at $1,195,000 after purchasing an additional 40,775 shares during the period. Two Sigma Securities LLC grew its position in shares of 2x Long VIX Futures ETF by 76.9% during the second quarter. Two Sigma Securities LLC now owns 15,726 shares of the company’s stock worth $353,000 after buying an additional 6,838 shares in the last quarter. Evernest Financial Advisors LLC acquired a new stake in 2x Long VIX Futures ETF in the third quarter valued at $298,000. FreeGulliver LLC acquired a new stake in shares of 2x Long VIX Futures ETF in the 3rd quarter valued at about $179,000. Finally, Cavalier Investments LLC bought a new position in 2x Long VIX Futures ETF during the 3rd quarter worth approximately $1,225,000.

2x Long VIX Futures ETF Stock Performance

Shares of UVIX opened at $3.47 on Friday. The business’s fifty day moving average price is $4.63 and its 200 day moving average price is $6.00. 2x Long VIX Futures ETF has a 12-month low of $3.08 and a 12-month high of $23.65.

About 2x Long VIX Futures ETF

The 2x Long VIX Futures ETF (UVIX) is an exchange-traded fund that is based on the Long VIX Futures index. The fund tracks an index that provides 2x daily leveraged exposure to a portfolio comprising first- and second-month VIX futures positions with a weighted average maturity of one month. UVIX was launched on Mar 28, 2022 and is managed by Volatility Shares.