ProShares Short VIX Short-Term Futures ETF (BATS:SVXY – Get Free Report)’s share price rose 0.4% during trading on Tuesday . The stock traded as high as $49.27 and last traded at $48.72. Approximately 2,058,444 shares traded hands during mid-day trading, a decline of 24% from the average daily volume of 2,714,411 shares. The stock had previously closed at $48.53.
ProShares Short VIX Short-Term Futures ETF Price Performance
The firm’s fifty day moving average is $52.87 and its 200-day moving average is $51.47.
Institutional Investors Weigh In On ProShares Short VIX Short-Term Futures ETF
A number of institutional investors and hedge funds have recently made changes to their positions in SVXY. Two Sigma Investments LP acquired a new position in shares of ProShares Short VIX Short-Term Futures ETF in the 3rd quarter worth approximately $3,748,000. Headlands Technologies LLC acquired a new stake in ProShares Short VIX Short-Term Futures ETF in the 4th quarter valued at approximately $2,462,000. Flow Traders U.S. LLC increased its holdings in ProShares Short VIX Short-Term Futures ETF by 108.1% in the 2nd quarter. Flow Traders U.S. LLC now owns 57,497 shares of the company’s stock valued at $2,449,000 after purchasing an additional 29,872 shares during the last quarter. QVR LLC purchased a new stake in ProShares Short VIX Short-Term Futures ETF in the second quarter valued at approximately $1,163,000. Finally, Boothbay Fund Management LLC purchased a new stake in ProShares Short VIX Short-Term Futures ETF in the second quarter valued at approximately $1,154,000.
About ProShares Short VIX Short-Term Futures ETF
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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