IMC Chicago LLC Reduces Stock Position in ProShares Short VIX Short-Term Futures ETF $SVXY

IMC Chicago LLC lessened its stake in ProShares Short VIX Short-Term Futures ETF (BATS:SVXY) by 47.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 35,284 shares of the company’s stock after selling 32,288 shares during the period. IMC Chicago LLC’s holdings in ProShares Short VIX Short-Term Futures ETF were worth $1,954,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Spire Wealth Management bought a new position in shares of ProShares Short VIX Short-Term Futures ETF during the 4th quarter valued at $28,000. Headlands Technologies LLC bought a new stake in shares of ProShares Short VIX Short-Term Futures ETF in the second quarter worth $33,000. JPMorgan Chase & Co. bought a new stake in shares of ProShares Short VIX Short-Term Futures ETF in the third quarter worth $201,000. Sig Brokerage LP purchased a new stake in ProShares Short VIX Short-Term Futures ETF during the third quarter valued at $229,000. Finally, Belpointe Asset Management LLC purchased a new stake in ProShares Short VIX Short-Term Futures ETF during the third quarter valued at $327,000.

ProShares Short VIX Short-Term Futures ETF Price Performance

SVXY stock opened at $50.97 on Friday. The business’s 50-day moving average is $48.89 and its two-hundred day moving average is $51.00. ProShares Short VIX Short-Term Futures ETF has a fifty-two week low of $37.28 and a fifty-two week high of $56.46.

About ProShares Short VIX Short-Term Futures ETF

The ProShares Short VIX Short-Term Futures ETF (SVXY) is an exchange-traded fund that is based on the S&P 500 VIX Short-Term Futures index. The fund provides inverse exposure to an index comprising first- and second-month VIX future positions resulting in a weighted average maturity of one month. SVXY was launched on Oct 3, 2011 and is managed by ProShares.