ProShares Ultra VIX Short-Term Futures ETF (NYSEARCA:UVXY – Get Rating)’s stock price traded down 5.6% during mid-day trading on Tuesday . The company traded as low as $14.87 and last traded at $15.28. 656,982 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 81,466,852 shares. The stock had previously closed at $16.19.
The stock has a 50 day moving average price of $15.35 and a 200-day moving average price of $15.37.
A number of institutional investors have recently made changes to their positions in the stock. Shay Capital LLC purchased a new position in ProShares Ultra VIX Short-Term Futures ETF during the first quarter worth approximately $135,000. RBF Capital LLC purchased a new position in ProShares Ultra VIX Short-Term Futures ETF during the first quarter worth approximately $162,000. Tairen Capital Ltd purchased a new position in ProShares Ultra VIX Short-Term Futures ETF during the first quarter worth approximately $6,376,000. Lansdowne Partners UK LLP purchased a new position in ProShares Ultra VIX Short-Term Futures ETF during the first quarter worth approximately $561,000. Finally, Flow Traders U.S. LLC purchased a new position in ProShares Ultra VIX Short-Term Futures ETF during the first quarter worth approximately $1,103,000.
ProShares Ultra VIX Short-Term Futures ETF Company Profile (NYSEARCA:UVXY)
ProShares Ultra VIX Short-Term Futures ETF seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) the daily performance of the S&P 500 VIX Short-Term Futures Index. UVXY provides leveraged exposure to the S&P 500 VIX Short-Term Futures Index, which measures the returns of a portfolio of monthly VIX futures contracts with a weighted average of one month to expiration.
Further Reading
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Read More: ProShares Ultra VIX Short-Term Futures ETF (NYSEARCA:UVXY) Stock Price Down 5.6%