ProShares Ultra VIX Short-Term Futures ETF (BATS:UVXY) Hits New 12-Month Low – Here’s Why

ProShares Ultra VIX Short-Term Futures ETF (BATS:UVXYGet Free Report) hit a new 52-week low during trading on Monday . The stock traded as low as $20.00 and last traded at $20.13, with a volume of 801251 shares traded. The stock had previously closed at $20.10.

ProShares Ultra VIX Short-Term Futures ETF Trading Up 0.2%

The business’s fifty day moving average is $24.93 and its 200 day moving average is $34.97.

Institutional Investors Weigh In On ProShares Ultra VIX Short-Term Futures ETF

Institutional investors and hedge funds have recently modified their holdings of the company. EverSource Wealth Advisors LLC acquired a new stake in ProShares Ultra VIX Short-Term Futures ETF in the fourth quarter valued at $144,000. BNP Paribas Financial Markets raised its stake in shares of ProShares Ultra VIX Short-Term Futures ETF by 2,542.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 14,795 shares of the company’s stock worth $154,000 after buying an additional 14,235 shares during the last quarter. NewEdge Advisors LLC purchased a new stake in shares of ProShares Ultra VIX Short-Term Futures ETF in the 2nd quarter worth about $237,000. Permanens Capital L.P. acquired a new stake in ProShares Ultra VIX Short-Term Futures ETF in the 3rd quarter valued at about $261,000. Finally, DV Trading LLC grew its stake in ProShares Ultra VIX Short-Term Futures ETF by 653.8% in the 1st quarter. DV Trading LLC now owns 8,224 shares of the company’s stock valued at $430,000 after acquiring an additional 7,133 shares during the last quarter.

About ProShares Ultra VIX Short-Term Futures ETF

(Get Free Report)

The ProShares Ultra VIX Short-Term Futures ETF (UVXY) is an exchange-traded fund that is based on the S&P 500 VIX Short-Term Futures index. The fund provides 1.5x leveraged exposure to an index comprising first- and second-month VIX futures positions with a weighted average maturity of one month. UVXY was launched on Oct 3, 2011 and is managed by ProShares.

Further Reading

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