ProShares Short VIX Short-Term Futures ETF (BATS:SVXY) Stock Price Down 2.2% – Here’s What Happened

ProShares Short VIX Short-Term Futures ETF (BATS:SVXYGet Free Report) traded down 2.2% during trading on Wednesday . The company traded as low as $55.16 and last traded at $55.53. 1,862,503 shares were traded during trading, a decline of 17% from the average session volume of 2,244,489 shares. The stock had previously closed at $56.76.

ProShares Short VIX Short-Term Futures ETF Trading Down 2.2%

The business has a 50-day moving average price of $52.03 and a 200 day moving average price of $51.99.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of SVXY. Spire Wealth Management bought a new position in shares of ProShares Short VIX Short-Term Futures ETF during the 4th quarter valued at approximately $28,000. Headlands Technologies LLC bought a new position in shares of ProShares Short VIX Short-Term Futures ETF during the 2nd quarter valued at approximately $33,000. JPMorgan Chase & Co. bought a new position in shares of ProShares Short VIX Short-Term Futures ETF during the 3rd quarter valued at approximately $201,000. HRT Financial LP purchased a new stake in ProShares Short VIX Short-Term Futures ETF during the 4th quarter valued at $227,000. Finally, Sig Brokerage LP purchased a new stake in ProShares Short VIX Short-Term Futures ETF during the 3rd quarter valued at $229,000.

ProShares Short VIX Short-Term Futures ETF Company Profile

(Get Free Report)

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.

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