ProShares Short VIX Short-Term Futures ETF $SVXY Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC reduced its stake in shares of ProShares Short VIX Short-Term Futures ETF (BATS:SVXY) by 40.9% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 28,900 shares of the company’s stock after selling 20,000 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in ProShares Short VIX Short-Term Futures ETF were worth $1,459,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. Headlands Technologies LLC acquired a new position in ProShares Short VIX Short-Term Futures ETF during the second quarter worth about $33,000. Spire Wealth Management purchased a new stake in shares of ProShares Short VIX Short-Term Futures ETF during the 2nd quarter worth approximately $115,000. Chicago Wealth Management Inc. boosted its stake in shares of ProShares Short VIX Short-Term Futures ETF by 117.3% during the 2nd quarter. Chicago Wealth Management Inc. now owns 15,284 shares of the company’s stock worth $651,000 after acquiring an additional 8,249 shares in the last quarter. Legacy Wealth Managment LLC ID acquired a new stake in shares of ProShares Short VIX Short-Term Futures ETF in the 2nd quarter worth approximately $376,000. Finally, Simplex Trading LLC purchased a new position in ProShares Short VIX Short-Term Futures ETF in the 2nd quarter valued at approximately $696,000.

ProShares Short VIX Short-Term Futures ETF Stock Up 10.4%

Shares of SVXY stock opened at $54.13 on Friday. The stock has a fifty day moving average price of $53.68 and a 200 day moving average price of $50.22. ProShares Short VIX Short-Term Futures ETF has a 1 year low of $32.05 and a 1 year high of $60.71.

About ProShares Short VIX Short-Term Futures ETF

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.