Ramsey Quantitative Systems Purchases Shares of 73,600 -1x Short VIX Futures ETF $SVIX

Ramsey Quantitative Systems purchased a new position in -1x Short VIX Futures ETF (BATS:SVIX) during the 1st quarter, HoldingsChannel.com reports. The institutional investor purchased 73,600 shares of the company’s stock, valued at approximately $1,156,000. -1x Short VIX Futures ETF accounts for approximately 1.2% of Ramsey Quantitative Systems’ holdings, making the stock its 5th biggest holding.

Separately, JPMorgan Chase & Co. increased its holdings in shares of -1x Short VIX Futures ETF by 38.9% in the third quarter. JPMorgan Chase & Co. now owns 24,421 shares of the company’s stock worth $522,000 after purchasing an additional 6,838 shares during the last quarter.

-1x Short VIX Futures ETF Trading Up 0.6%

BATS:SVIX opened at $23.34 on Tuesday. -1x Short VIX Futures ETF has a 12 month low of $13.52 and a 12 month high of $25.05. The business’s 50-day moving average is $20.43 and its 200 day moving average is $20.79.

About -1x Short VIX Futures ETF

The -1x Short VIX Futures ETF (SVIX) is an exchange-traded fund that is based on the Short VIX Futures index. The fund tracks an index that provides daily inverse exposure to a portfolio comprising first- and second-month VIX futures positions with a weighted average maturity of one month. SVIX was launched on Mar 30, 2022 and is managed by Volatility Shares.