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

ProShares Ultra VIX Short-Term Futures ETF (BATS:UVXY) shares reached a new 52-week low on Wednesday . The stock traded as low as $23.06 and last traded at $23.09, with a volume of 5646179 shares. The stock had previously closed at $23.80.

ProShares Ultra VIX Short-Term Futures ETF Stock Performance

The business’s 50 day simple moving average is $28.91 and its 200-day simple moving average is $36.82.

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

A number of large investors have recently modified their holdings of UVXY. DV Trading LLC lifted 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 during the last quarter. Group One Trading LLC bought a new stake in shares of ProShares Ultra VIX Short-Term Futures ETF during the 1st quarter valued at approximately $762,000. Jump Financial LLC lifted its stake in ProShares Ultra VIX Short-Term Futures ETF by 47.9% in 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 last quarter. Focus Partners Wealth acquired a new stake in shares of ProShares Ultra VIX Short-Term Futures ETF during the 4th quarter valued at $7,913,000. Finally, HCEP Management Ltd bought a new position in ProShares Ultra VIX Short-Term Futures ETF in the fourth quarter valued at about $19,956,000.

About ProShares Ultra VIX Short-Term Futures ETF

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.