Clough Capital Partners L P Takes Position in 2x Long VIX Futures ETF $UVIX

Clough Capital Partners L P bought a new position in shares of 2x Long VIX Futures ETF (BATS:UVIX) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 71,900 shares of the company’s stock, valued at approximately $623,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in UVIX. Meritage Portfolio Management bought a new stake in shares of 2x Long VIX Futures ETF in the fourth quarter worth about $81,000. Mariner LLC acquired a new stake in shares of 2x Long VIX Futures ETF during the fourth quarter worth about $86,000. StoneX Group Inc. bought a new position in shares of 2x Long VIX Futures ETF during the 4th quarter valued at about $130,000. Barclays PLC lifted its holdings in shares of 2x Long VIX Futures ETF by 148.5% during the 4th quarter. Barclays PLC now owns 33,470 shares of the company’s stock valued at $191,000 after purchasing an additional 20,000 shares in the last quarter. Finally, Independent Financial Group LLC bought a new position in shares of 2x Long VIX Futures ETF during the 1st quarter valued at about $216,000.

2x Long VIX Futures ETF Stock Performance

Shares of UVIX opened at $62.05 on Monday. The stock has a 50 day simple moving average of $71.75 and a 200 day simple moving average of $109.61. 2x Long VIX Futures ETF has a 52-week low of $54.59 and a 52-week high of $417.80.

2x Long VIX Futures ETF Profile

The 2x Long VIX Futures ETF (UVIX) is an exchange-traded fund that is based on the Long VIX Futures index. The fund tracks an index that provides 2x daily leveraged exposure to a portfolio comprising first- and second-month VIX futures positions with a weighted average maturity of one month. UVIX was launched on Mar 28, 2022 and is managed by Volatility Shares.