ProShares Ultra VIX Short-Term Futures ETF (BATS:UVXY) Shares to Reverse Split on Thursday, April 11th

Shares of ProShares Ultra VIX Short-Term Futures ETF (BATS:UVXYFree Report) are scheduled to reverse split before the market opens on Thursday, April 11th. The 1-5 reverse split was announced on Thursday, April 11th. The number of shares owned by shareholders will be adjusted after the market closes on Thursday, April 11th.

ProShares Ultra VIX Short-Term Futures ETF Price Performance

ProShares Ultra VIX Short-Term Futures ETF stock opened at $6.33 on Tuesday. The firm’s 50 day simple moving average is $7.29 and its 200 day simple moving average is $10.73.

Institutional Trading of ProShares Ultra VIX Short-Term Futures ETF

A number of institutional investors and hedge funds have recently made changes to their positions in UVXY. Two Sigma Investments LP raised its stake in shares of ProShares Ultra VIX Short-Term Futures ETF by 16.0% in the 4th quarter. Two Sigma Investments LP now owns 1,396,176 shares of the company’s stock worth $9,578,000 after buying an additional 192,750 shares in the last quarter. Simplex Trading LLC bought a new position in shares of ProShares Ultra VIX Short-Term Futures ETF in the fourth quarter valued at $3,373,000. JPMorgan Chase & Co. lifted its position in shares of ProShares Ultra VIX Short-Term Futures ETF by 36.8% during the 1st quarter. JPMorgan Chase & Co. now owns 398,687 shares of the company’s stock valued at $1,854,000 after acquiring an additional 107,296 shares during the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of ProShares Ultra VIX Short-Term Futures ETF by 183.5% during the 4th quarter. Tower Research Capital LLC TRC now owns 394,115 shares of the company’s stock worth $3,326,000 after acquiring an additional 255,084 shares in the last quarter. Finally, Two Sigma Securities LLC grew its holdings in shares of ProShares Ultra VIX Short-Term Futures ETF by 217.3% in the 1st quarter. Two Sigma Securities LLC now owns 365,144 shares of the company’s stock worth $1,698,000 after acquiring an additional 250,083 shares during the last quarter.

ProShares Ultra VIX Short-Term Futures ETF Company Profile

(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.

See Also

Receive News & Ratings for ProShares Ultra VIX Short-Term Futures ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Ultra VIX Short-Term Futures ETF and related companies with MarketBeat.com's FREE daily email newsletter.