ProShares Ultra VIX Short-Term Futures ETF (NYSEARCA:UVXY) Shares Down 3.8%

Shares of ProShares Ultra VIX Short-Term Futures ETF (NYSEARCA:UVXY) traded down 3.8% on Thursday . The stock traded as low as $27.52 and last traded at $27.34, 939,784 shares traded hands during mid-day trading. A decline of 92% from the average session volume of 11,472,028 shares. The stock had previously closed at $28.42.

The company has a 50-day simple moving average of $28.44 and a two-hundred day simple moving average of $32.04.

Hedge funds have recently made changes to their positions in the business. SG Americas Securities LLC raised its holdings in shares of ProShares Ultra VIX Short-Term Futures ETF by 13.8% during the second quarter. SG Americas Securities LLC now owns 342,277 shares of the exchange traded fund’s stock valued at $10,778,000 after acquiring an additional 41,425 shares in the last quarter. Simplex Trading LLC bought a new position in ProShares Ultra VIX Short-Term Futures ETF in the second quarter worth $7,461,000. Morgan Stanley raised its holdings in ProShares Ultra VIX Short-Term Futures ETF by 334.9% in the second quarter. Morgan Stanley now owns 187,763 shares of the exchange traded fund’s stock worth $5,913,000 after purchasing an additional 144,593 shares in the last quarter. AMS Capital Ltda raised its holdings in ProShares Ultra VIX Short-Term Futures ETF by 581.8% in the second quarter. AMS Capital Ltda now owns 170,000 shares of the exchange traded fund’s stock worth $5,353,000 after purchasing an additional 145,066 shares in the last quarter. Finally, Tower Research Capital LLC TRC raised its holdings in ProShares Ultra VIX Short-Term Futures ETF by 26.6% in the second quarter. Tower Research Capital LLC TRC now owns 138,550 shares of the exchange traded fund’s stock worth $4,363,000 after purchasing an additional 29,110 shares in the last quarter.

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.

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