Raffles Associates LP Has $2.49 Million Holdings in ProShares Ultra VIX Short-Term Futures ETF (BATS:UVXY)

Raffles Associates LP grew its position in ProShares Ultra VIX Short-Term Futures ETF (BATS:UVXY) by 300.0% in the third quarter, according to its most recent filing with the SEC. The fund owned 100,000 shares of the company’s stock after acquiring an additional 75,000 shares during the period. ProShares Ultra VIX Short-Term Futures ETF accounts for approximately 2.6% of Raffles Associates LP’s investment portfolio, making the stock its 13th biggest position. Raffles Associates LP owned 1.53% of ProShares Ultra VIX Short-Term Futures ETF worth $2,493,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of UVXY. Jane Street Group LLC grew its holdings in ProShares Ultra VIX Short-Term Futures ETF by 6,615.3% during the 1st quarter. Jane Street Group LLC now owns 1,322,978 shares of the company’s stock worth $8,361,000 after acquiring an additional 1,303,277 shares during the last quarter. Creative Planning acquired a new position in shares of ProShares Ultra VIX Short-Term Futures ETF during the third quarter worth $513,000. Integrated Advisors Network LLC bought a new stake in shares of ProShares Ultra VIX Short-Term Futures ETF in the third quarter worth $658,000. SG Americas Securities LLC acquired a new stake in ProShares Ultra VIX Short-Term Futures ETF in the third quarter valued at $4,986,000. Finally, Vima LLC bought a new position in ProShares Ultra VIX Short-Term Futures ETF during the 3rd quarter worth $1,224,000.

ProShares Ultra VIX Short-Term Futures ETF Stock Performance

BATS UVXY opened at $19.27 on Friday. The company has a 50 day moving average of $24.99 and a 200-day moving average of $25.45.

About ProShares Ultra VIX Short-Term Futures ETF

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.