Ramsey Quantitative Systems Sells 33,600 Shares of -1x Short VIX Futures ETF $SVIX

Ramsey Quantitative Systems cut its holdings in -1x Short VIX Futures ETF (BATS:SVIX) by 45.7% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 40,000 shares of the company’s stock after selling 33,600 shares during the quarter. -1x Short VIX Futures ETF comprises 0.9% of Ramsey Quantitative Systems’ holdings, making the stock its 7th largest position. Ramsey Quantitative Systems’ holdings in -1x Short VIX Futures ETF were worth $951,000 as of its most recent SEC filing.

Separately, JPMorgan Chase & Co. purchased a new stake in shares of -1x Short VIX Futures ETF during the second quarter worth about $273,000.

-1x Short VIX Futures ETF Stock Performance

SVIX opened at $25.62 on Wednesday. The firm’s 50-day moving average price is $23.48 and its 200-day moving average price is $20.98. -1x Short VIX Futures ETF has a 52-week low of $14.13 and a 52-week high of $25.64.

About -1x Short VIX Futures ETF

The -1x Short VIX Futures ETF (SVIX) is an exchange-traded fund that is based on the Short VIX Futures index. The fund tracks an index that provides daily inverse exposure to a portfolio comprising first- and second-month VIX futures positions with a weighted average maturity of one month. SVIX was launched on Mar 30, 2022 and is managed by Volatility Shares.