Horizon Wealth Management LLC Invests $253,000 in ProShares Ultra VIX Short-Term Futures ETF $UVXY

Horizon Wealth Management LLC acquired a new stake in ProShares Ultra VIX Short-Term Futures ETF (BATS:UVXY) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 24,200 shares of the company’s stock, valued at approximately $253,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of UVXY. Group One Trading LLC purchased a new stake in ProShares Ultra VIX Short-Term Futures ETF during the second quarter worth $15,731,000. SG Americas Securities LLC raised its stake in shares of ProShares Ultra VIX Short-Term Futures ETF by 179.1% during the 2nd quarter. SG Americas Securities LLC now owns 600,539 shares of the company’s stock worth $11,260,000 after buying an additional 385,370 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in shares of ProShares Ultra VIX Short-Term Futures ETF by 13.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 340,165 shares of the company’s stock worth $7,970,000 after buying an additional 40,000 shares in the last quarter. Bank of America Corp DE boosted its position in shares of ProShares Ultra VIX Short-Term Futures ETF by 87.8% in the 2nd quarter. Bank of America Corp DE now owns 266,251 shares of the company’s stock worth $4,992,000 after buying an additional 124,450 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in ProShares Ultra VIX Short-Term Futures ETF by 204.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 202,753 shares of the company’s stock valued at $3,802,000 after acquiring an additional 136,220 shares during the last quarter.

ProShares Ultra VIX Short-Term Futures ETF Stock Performance

BATS:UVXY opened at $40.59 on Friday. The firm has a 50-day moving average price of $37.79 and a two-hundred day moving average price of $51.36. ProShares Ultra VIX Short-Term Futures ETF has a twelve month low of $33.95 and a twelve month high of $266.05.

ProShares Ultra VIX Short-Term Futures ETF Company Profile

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.