ProShares Short VIX Short-Term Futures ETF (BATS:SVXY – Get Free Report)’s stock price crossed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $55.96 and traded as low as $54.17. ProShares Short VIX Short-Term Futures ETF shares last traded at $54.17, with a volume of 7,793,858 shares traded.
ProShares Short VIX Short-Term Futures ETF Stock Up 1.0%
The company has a fifty day moving average of $62.98 and a two-hundred day moving average of $55.97.
Institutional Investors Weigh In On ProShares Short VIX Short-Term Futures ETF
An institutional investor recently raised its position in ProShares Short VIX Short-Term Futures ETF stock. Ramsey Quantitative Systems lifted its position in shares of ProShares Short VIX Short-Term Futures ETF (BATS:SVXY – Free Report) by 21.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,325 shares of the company’s stock after acquiring an additional 3,575 shares during the period. ProShares Short VIX Short-Term Futures ETF comprises approximately 1.2% of Ramsey Quantitative Systems’ holdings, making the stock its 3rd largest holding. Ramsey Quantitative Systems owned about 0.31% of ProShares Short VIX Short-Term Futures ETF worth $1,296,000 at the end of the most recent quarter.
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.
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