DRW Securities LLC Invests $256,000 in ProShares Short VIX Short-Term Futures ETF (BATS:SVXY)

DRW Securities LLC bought a new position in shares of ProShares Short VIX Short-Term Futures ETF (BATS:SVXY) during the third quarter, Holdings Channel.com reports. The fund bought 5,104 shares of the company’s stock, valued at approximately $256,000.

A number of other hedge funds have also recently bought and sold shares of SVXY. Mariner Investment Group LLC acquired a new stake in shares of ProShares Short VIX Short-Term Futures ETF during the 3rd quarter worth approximately $9,170,000. Jane Street Group LLC lifted its position in ProShares Short VIX Short-Term Futures ETF by 79.2% in the first quarter. Jane Street Group LLC now owns 134,963 shares of the company’s stock worth $15,216,000 after purchasing an additional 59,632 shares during the period. IMC Chicago LLC acquired a new stake in ProShares Short VIX Short-Term Futures ETF during the third quarter worth $6,447,000. Selway Asset Management increased its holdings in ProShares Short VIX Short-Term Futures ETF by 34.2% in the 3rd quarter. Selway Asset Management now owns 55,700 shares of the company’s stock valued at $2,791,000 after buying an additional 14,200 shares during the period. Finally, Commerce Bank bought a new stake in ProShares Short VIX Short-Term Futures ETF in the 3rd quarter valued at $239,000.

ProShares Short VIX Short-Term Futures ETF Trading Up 0.4 %

Shares of ProShares Short VIX Short-Term Futures ETF stock opened at $52.69 on Thursday. The company’s fifty day simple moving average is $49.46 and its 200-day simple moving average is $54.26.

ProShares Short VIX Short-Term Futures ETF Company Profile

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.