ProShares Short VIX Short-Term Futures ETF (BATS:SVXY – Get Free Report) rose 1.5% during trading on Wednesday . The company traded as high as $63.12 and last traded at $63.03. 836,626 shares were traded during trading, a decline of 57% from the average daily volume of 1,960,638 shares. The stock had previously closed at $62.10.
ProShares Short VIX Short-Term Futures ETF Trading Up 1.1%
The firm’s fifty day simple moving average is $59.08 and its two-hundred day simple moving average is $53.87.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of the company. DV Trading LLC raised its holdings in ProShares Short VIX Short-Term Futures ETF by 182.5% during the first quarter. DV Trading LLC now owns 14,380 shares of the company’s stock valued at $659,000 after acquiring an additional 9,289 shares during the period. Clare Market Investments LLC bought a new stake in ProShares Short VIX Short-Term Futures ETF during the 1st quarter valued at approximately $572,000. Ramsey Quantitative Systems raised its stake in ProShares Short VIX Short-Term Futures ETF by 53.2% during the 1st quarter. Ramsey Quantitative Systems now owns 38,475 shares of the company’s stock valued at $1,762,000 after purchasing an additional 13,355 shares during the period. Headlands Technologies LLC purchased a new position in ProShares Short VIX Short-Term Futures ETF in the 4th quarter worth approximately $2,462,000. Finally, HRT Financial LP bought a new position in ProShares Short VIX Short-Term Futures ETF in the 4th quarter worth approximately $227,000.
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.
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