ProShares Ultra VIX Short-Term Futures ETF (BATS:UVXY) Sets New 12-Month Low – Time to Sell?

ProShares Ultra VIX Short-Term Futures ETF (BATS:UVXYGet Free Report)’s stock price reached a new 52-week low during trading on Monday . The stock traded as low as $22.57 and last traded at $22.81, with a volume of 2296942 shares trading hands. The stock had previously closed at $23.27.

ProShares Ultra VIX Short-Term Futures ETF Price Performance

The company’s 50-day moving average price is $26.62 and its two-hundred day moving average price is $35.99.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC acquired a new stake in ProShares Ultra VIX Short-Term Futures ETF during the fourth quarter worth approximately $144,000. BNP Paribas Financial Markets grew its position in shares of ProShares Ultra VIX Short-Term Futures ETF by 2,542.0% in the third quarter. BNP Paribas Financial Markets now owns 14,795 shares of the company’s stock valued at $154,000 after purchasing an additional 14,235 shares during the last quarter. NewEdge Advisors LLC acquired a new position in shares of ProShares Ultra VIX Short-Term Futures ETF in the second quarter valued at approximately $237,000. Permanens Capital L.P. bought a new position in shares of ProShares Ultra VIX Short-Term Futures ETF during the third quarter worth approximately $261,000. Finally, DV Trading LLC increased its stake in shares of ProShares Ultra VIX Short-Term Futures ETF by 653.8% during the first quarter. DV Trading LLC now owns 8,224 shares of the company’s stock worth $430,000 after purchasing an additional 7,133 shares during the period.

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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