ProShares Ultra VIX Short-Term Futures ETF (BATS:UVXY) Reaches New 12-Month Low – Here’s What Happened

ProShares Ultra VIX Short-Term Futures ETF (BATS:UVXYGet Free Report) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $23.06 and last traded at $23.09, with a volume of 5646179 shares traded. The stock had previously closed at $23.80.

ProShares Ultra VIX Short-Term Futures ETF Price Performance

The business’s 50 day simple moving average is $29.43 and its 200 day simple moving average is $37.02.

Institutional Investors Weigh In On ProShares Ultra VIX Short-Term Futures ETF

Several hedge funds have recently bought and sold shares of UVXY. EverSource Wealth Advisors LLC bought a new position in ProShares Ultra VIX Short-Term Futures ETF during the fourth quarter worth about $144,000. BNP Paribas Financial Markets raised its stake in ProShares Ultra VIX Short-Term Futures ETF by 2,542.0% in the third quarter. BNP Paribas Financial Markets now owns 14,795 shares of the company’s stock valued at $154,000 after buying an additional 14,235 shares during the period. NewEdge Advisors LLC acquired a new stake in shares of ProShares Ultra VIX Short-Term Futures ETF in the second quarter valued at approximately $237,000. Permanens Capital L.P. acquired a new stake in shares of ProShares Ultra VIX Short-Term Futures ETF in the third quarter valued at approximately $261,000. Finally, FNY Investment Advisers LLC boosted its stake in shares of ProShares Ultra VIX Short-Term Futures ETF by 67.7% during the 3rd quarter. FNY Investment Advisers LLC now owns 26,000 shares of the company’s stock worth $271,000 after acquiring an additional 10,500 shares during the period.

About ProShares Ultra VIX Short-Term Futures ETF

(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.

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