Shares of ProShares Ultra VIX Short-Term Futures ETF (NYSEARCA:UVXY) gapped up prior to trading on Wednesday . The stock had previously closed at $36.60, but opened at $37.82. ProShares Ultra VIX Short-Term Futures ETF shares last traded at $38.81, with a volume of 926809 shares.

A number of large investors have recently added to or reduced their stakes in UVXY. Two Sigma Investments LP bought a new position in ProShares Ultra VIX Short-Term Futures ETF in the 4th quarter valued at $771,000. Bluefin Trading LLC bought a new position in ProShares Ultra VIX Short-Term Futures ETF in the 4th quarter valued at $1,078,000. Deutsche Bank AG bought a new position in ProShares Ultra VIX Short-Term Futures ETF in the 4th quarter valued at $101,823,000. Virtu Financial LLC bought a new position in ProShares Ultra VIX Short-Term Futures ETF in the 1st quarter valued at $9,683,000. Finally, SG Americas Securities LLC bought a new position in ProShares Ultra VIX Short-Term Futures ETF in the 1st quarter valued at $11,703,000.

COPYRIGHT VIOLATION WARNING: This piece was reported by Daily Political and is the property of of Daily Political. If you are reading this piece on another domain, it was illegally copied and republished in violation of US and international copyright and trademark legislation. The correct version of this piece can be read at https://www.dailypolitical.com/2019/05/31/proshares-ultra-vix-short-term-futures-etf-uvxy-shares-gap-up-to-37-82.html.

ProShares Ultra VIX Short-Term Futures ETF Company Profile (NYSEARCA:UVXY)

ProShares Ultra VIX Short-Term Futures ETF seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) the daily performance of the S&P 500 VIX Short-Term Futures Index. UVXY provides leveraged exposure to the S&P 500 VIX Short-Term Futures Index, which measures the returns of a portfolio of monthly VIX futures contracts with a weighted average of one month to expiration.

Read More: Trading on Margin

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.