ProShares Ultra VIX Short-Term Futures ETF (BATS:UVXY – Get Free Report)’s share price reached a new 52-week low on Monday . The stock traded as low as $22.57 and last traded at $22.81, with a volume of 2296942 shares traded. The stock had previously closed at $23.27.
ProShares Ultra VIX Short-Term Futures ETF Stock Performance
The stock has a 50-day moving average of $26.26 and a two-hundred day moving average of $35.82.
Hedge Funds Weigh In On ProShares Ultra VIX Short-Term Futures ETF
Several institutional investors and hedge funds have recently modified their holdings of the stock. Group One Trading LLC bought a new position in ProShares Ultra VIX Short-Term Futures ETF in the 2nd quarter worth about $15,731,000. HCEP Management Ltd purchased a new stake in ProShares Ultra VIX Short-Term Futures ETF during the 4th quarter valued at about $19,956,000. JPMorgan Chase & Co. increased its stake in ProShares Ultra VIX Short-Term Futures ETF by 141.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 489,465 shares of the company’s stock valued at $5,110,000 after purchasing an additional 286,712 shares in the last quarter. Bank of America Corp DE increased its stake in ProShares Ultra VIX Short-Term Futures ETF by 44.3% during the 3rd quarter. Bank of America Corp DE now owns 384,151 shares of the company’s stock valued at $4,011,000 after purchasing an additional 117,900 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in ProShares Ultra VIX Short-Term Futures ETF by 13.3% in the first quarter. Goldman Sachs Group Inc. now owns 340,165 shares of the company’s stock worth $7,970,000 after buying an additional 40,000 shares during the last quarter.
About ProShares Ultra VIX Short-Term Futures ETF
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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