ProShares Ultra VIX Short-Term Futures ETF (UVXY) Shares Gap Down to $63.32

ProShares Ultra VIX Short-Term Futures ETF (NYSEARCA:UVXY)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $65.43, but opened at $63.32. ProShares Ultra VIX Short-Term Futures ETF shares last traded at $60.23, with a volume of 7939853 shares trading hands.

A number of institutional investors and hedge funds have recently modified their holdings of UVXY. Millennium Management LLC bought a new position in ProShares Ultra VIX Short-Term Futures ETF during the second quarter valued at approximately $4,566,000. Tower Research Capital LLC TRC raised its position in ProShares Ultra VIX Short-Term Futures ETF by 31.0% during the second quarter. Tower Research Capital LLC TRC now owns 624,530 shares of the exchange traded fund’s stock valued at $7,707,000 after acquiring an additional 147,806 shares in the last quarter. HRT Financial LLC bought a new position in ProShares Ultra VIX Short-Term Futures ETF during the second quarter valued at approximately $774,000. SeaCrest Wealth Management LLC raised its position in ProShares Ultra VIX Short-Term Futures ETF by 437.8% during the second quarter. SeaCrest Wealth Management LLC now owns 65,210 shares of the exchange traded fund’s stock valued at $805,000 after acquiring an additional 53,085 shares in the last quarter. Finally, ING Groep NV bought a new position in ProShares Ultra VIX Short-Term Futures ETF during the second quarter valued at approximately $205,000.

ProShares Ultra VIX Short-Term Futures ETF Company Profile (NYSEARCA:UVXY)

ProShares Ultra VIX Short-Term Futures ETF seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) the daily performance of the S&P 500 VIX Short-Term Futures Index. UVXY provides leveraged exposure to the S&P 500 VIX Short-Term Futures Index, which measures the returns of a portfolio of monthly VIX futures contracts with a weighted average of one month to expiration.

Recommended Story: How is an ETF different from a mutual fund?

Receive News & Ratings for ProShares Ultra VIX Short-Term Futures ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Ultra VIX Short-Term Futures ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply