ProShares Ultra VIX Short-Term Futures ETF (BATS:UVXY) Hits New 52-Week Low – What’s Next?

ProShares Ultra VIX Short-Term Futures ETF (BATS:UVXY) shares reached a new 52-week low on Monday . The stock traded as low as $21.30 and last traded at $21.34, with a volume of 507127 shares traded. The stock had previously closed at $21.62.

ProShares Ultra VIX Short-Term Futures ETF Trading Down 1.6%

The business’s 50-day moving average is $25.79 and its 200-day moving average is $35.52.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of UVXY. EverSource Wealth Advisors LLC acquired a new position in ProShares Ultra VIX Short-Term Futures ETF in the fourth quarter valued at approximately $144,000. DV Trading LLC grew its holdings in ProShares Ultra VIX Short-Term Futures ETF by 653.8% during the 1st quarter. DV Trading LLC now owns 8,224 shares of the company’s stock worth $430,000 after acquiring an additional 7,133 shares during the period. Jump Financial LLC grew its holdings in ProShares Ultra VIX Short-Term Futures ETF by 47.9% during the 4th quarter. Jump Financial LLC now owns 31,679 shares of the company’s stock worth $1,138,000 after acquiring an additional 10,259 shares during the period. NewEdge Advisors LLC bought a new stake in shares of ProShares Ultra VIX Short-Term Futures ETF during the 2nd quarter valued at $237,000. Finally, BNP Paribas Financial Markets raised its position in shares of ProShares Ultra VIX Short-Term Futures ETF by 2,542.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 14,795 shares of the company’s stock valued at $154,000 after acquiring an additional 14,235 shares during the last quarter.

ProShares Ultra VIX Short-Term Futures ETF Company Profile

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.