Shares of ProShares Short VIX Short-Term Futures ETF (BATS:SVXY – Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $54.42 and traded as low as $49.40. ProShares Short VIX Short-Term Futures ETF shares last traded at $50.27, with a volume of 2,312,709 shares traded.
ProShares Short VIX Short-Term Futures ETF Stock Up 0.5 %
The company has a 50 day moving average price of $49.35 and a 200-day moving average price of $54.42.
Hedge Funds Weigh In On ProShares Short VIX Short-Term Futures ETF
Several large investors have recently bought and sold shares of the stock. Headlands Technologies LLC raised its stake in shares of ProShares Short VIX Short-Term Futures ETF by 281.4% in the 2nd quarter. Headlands Technologies LLC now owns 3,875 shares of the company’s stock worth $238,000 after buying an additional 2,859 shares in the last quarter. Commerce Bank acquired a new position in ProShares Short VIX Short-Term Futures ETF during the third quarter worth about $239,000. DRW Securities LLC bought a new stake in ProShares Short VIX Short-Term Futures ETF in the third quarter worth about $256,000. Axxcess Wealth Management LLC acquired a new stake in ProShares Short VIX Short-Term Futures ETF in the 1st quarter valued at about $361,000. Finally, Horizon Kinetics Asset Management LLC boosted its position in shares of ProShares Short VIX Short-Term Futures ETF by 4.7% during the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 26,617 shares of the company’s stock valued at $1,334,000 after purchasing an additional 1,189 shares in the last quarter.
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.
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