Selway Asset Management Acquires 10,100 Shares of -1x Short VIX Futures ETF (BATS:SVIX)

Selway Asset Management raised its holdings in -1x Short VIX Futures ETF (BATS:SVIX) by 14.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 82,500 shares of the company’s stock after buying an additional 10,100 shares during the quarter. Selway Asset Management owned 2.13% of -1x Short VIX Futures ETF worth $2,093,000 at the end of the most recent quarter.

-1x Short VIX Futures ETF Stock Performance

Shares of SVIX stock opened at $20.80 on Thursday. -1x Short VIX Futures ETF has a 52-week low of $17.50 and a 52-week high of $51.59. The firm has a fifty day moving average of $23.69 and a 200-day moving average of $25.52.

-1x Short VIX Futures ETF Profile

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.