ProShares Ultra VIX Short-Term Futures ETF (BATS:UVXY) Sets New 12-Month Low – What’s Next?

ProShares Ultra VIX Short-Term Futures ETF (BATS:UVXYGet Free Report)’s stock price hit a new 52-week low during trading on Tuesday . The company traded as low as $24.63 and last traded at $24.89, with a volume of 4198216 shares traded. The stock had previously closed at $25.71.

ProShares Ultra VIX Short-Term Futures ETF Stock Performance

The company’s 50 day moving average price is $31.97 and its two-hundred day moving average price is $38.06.

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

Hedge funds have recently made changes to their positions in the company. DV Trading LLC grew its position in shares of ProShares Ultra VIX Short-Term Futures ETF by 653.8% during the 1st quarter. DV Trading LLC now owns 8,224 shares of the company’s stock worth $430,000 after buying an additional 7,133 shares in the last quarter. Group One Trading LLC purchased a new stake in ProShares Ultra VIX Short-Term Futures ETF in the first quarter worth about $762,000. Jump Financial LLC increased its position in ProShares Ultra VIX Short-Term Futures ETF by 47.9% during the 4th quarter. Jump Financial LLC now owns 31,679 shares of the company’s stock valued at $1,138,000 after purchasing an additional 10,259 shares during the period. Focus Partners Wealth bought a new stake in shares of ProShares Ultra VIX Short-Term Futures ETF in the 4th quarter valued at about $7,913,000. Finally, HCEP Management Ltd bought a new stake in shares of ProShares Ultra VIX Short-Term Futures ETF in the 4th quarter valued at about $19,956,000.

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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