Selway Asset Management cut its holdings in shares of ProShares Short VIX Short-Term Futures ETF (BATS:SVXY – Free Report) by 6.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,300 shares of the company’s stock after selling 3,400 shares during the quarter. Selway Asset Management owned approximately 0.97% of ProShares Short VIX Short-Term Futures ETF worth $2,618,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. IMC Chicago LLC raised its holdings in shares of ProShares Short VIX Short-Term Futures ETF by 31.3% in the 4th quarter. IMC Chicago LLC now owns 168,913 shares of the company’s stock valued at $8,456,000 after purchasing an additional 40,249 shares during the period. Simplex Trading LLC raised its stake in ProShares Short VIX Short-Term Futures ETF by 79.6% in the fourth quarter. Simplex Trading LLC now owns 45,228 shares of the company’s stock valued at $2,264,000 after buying an additional 20,039 shares during the period. Finally, Headlands Technologies LLC acquired a new stake in shares of ProShares Short VIX Short-Term Futures ETF in the fourth quarter valued at approximately $78,000.
ProShares Short VIX Short-Term Futures ETF Stock Performance
SVXY opened at $46.43 on Thursday. The stock’s fifty day simple moving average is $48.99 and its 200 day simple moving average is $49.82. ProShares Short VIX Short-Term Futures ETF has a 1-year low of $38.60 and a 1-year high of $64.22.
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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