ProShares Short VIX Short-Term Futures ETF (BATS:SVXY – Get Free Report) shot up 0.7% during mid-day trading on Friday . The stock traded as high as $50.96 and last traded at $50.45. 1,420,427 shares changed hands during mid-day trading, a decline of 47% from the average session volume of 2,668,080 shares. The stock had previously closed at $50.11.
ProShares Short VIX Short-Term Futures ETF Price Performance
The company has a fifty day simple moving average of $49.39 and a 200-day simple moving average of $51.01.
Institutional Trading of ProShares Short VIX Short-Term Futures ETF
Several large investors have recently added to or reduced their stakes in SVXY. Two Sigma Investments LP acquired a new stake in ProShares Short VIX Short-Term Futures ETF during the 3rd quarter valued at $3,748,000. Headlands Technologies LLC acquired a new stake in ProShares Short VIX Short-Term Futures ETF during the 4th quarter valued at $2,462,000. Boothbay Fund Management LLC acquired a new stake in ProShares Short VIX Short-Term Futures ETF during the 2nd quarter valued at $1,154,000. Jump Financial LLC acquired a new stake in ProShares Short VIX Short-Term Futures ETF during the 2nd quarter valued at $1,116,000. Finally, Ramsey Quantitative Systems acquired a new stake in ProShares Short VIX Short-Term Futures ETF during the 4th quarter valued at $1,391,000.
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.
Further Reading
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