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

ProShares Ultra VIX Short-Term Futures ETF (BATS:UVXYGet Free Report) hit a new 52-week low during trading on Tuesday . The stock traded as low as $24.63 and last traded at $24.89, with a volume of 4198216 shares trading hands. The stock had previously closed at $25.71.

ProShares Ultra VIX Short-Term Futures ETF Price Performance

The stock has a 50 day moving average of $32.50 and a two-hundred day moving average of $38.33.

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

Large investors have recently made changes to their positions in the company. Group One Trading LLC acquired a new position in ProShares Ultra VIX Short-Term Futures ETF in the 2nd quarter worth approximately $15,731,000. HCEP Management Ltd purchased a new stake in shares of ProShares Ultra VIX Short-Term Futures ETF in the fourth quarter valued at $19,956,000. JPMorgan Chase & Co. boosted its position in shares of ProShares Ultra VIX Short-Term Futures ETF by 141.4% in the third quarter. JPMorgan Chase & Co. now owns 489,465 shares of the company’s stock worth $5,110,000 after buying an additional 286,712 shares during the period. Focus Partners Wealth purchased a new position in shares of ProShares Ultra VIX Short-Term Futures ETF during the fourth quarter valued at $7,913,000. Finally, Bank of America Corp DE grew its holdings in shares of ProShares Ultra VIX Short-Term Futures ETF by 87.8% during the second quarter. Bank of America Corp DE now owns 266,251 shares of the company’s stock valued at $4,992,000 after buying an additional 124,450 shares in the last quarter.

About ProShares Ultra VIX Short-Term Futures ETF

(Get Free Report)

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.

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