ProShares Short VIX Short-Term Futures ETF (BATS:SVXY) Stock Price Down 2.2% – Here’s What Happened

ProShares Short VIX Short-Term Futures ETF (BATS:SVXY) fell 2.2% during mid-day trading on Monday . The stock traded as low as $51.70 and last traded at $51.77. 2,455,751 shares changed hands during mid-day trading, an increase of 6% from the average session volume of 2,320,830 shares. The stock had previously closed at $52.95.

ProShares Short VIX Short-Term Futures ETF Stock Performance

The firm has a 50-day simple moving average of $54.40 and a 200 day simple moving average of $51.21.

Institutional Trading of ProShares Short VIX Short-Term Futures ETF

Several hedge funds and other institutional investors have recently made changes to their positions in SVXY. Headlands Technologies LLC acquired a new position in shares of ProShares Short VIX Short-Term Futures ETF in the fourth quarter worth $2,462,000. HRT Financial LP acquired a new stake in shares of ProShares Short VIX Short-Term Futures ETF during the fourth quarter valued at $227,000. DRW Securities LLC increased its position in ProShares Short VIX Short-Term Futures ETF by 29.3% during the 4th quarter. DRW Securities LLC now owns 65,021 shares of the company’s stock worth $3,601,000 after purchasing an additional 14,738 shares in the last quarter. Simplex Trading LLC raised its stake in ProShares Short VIX Short-Term Futures ETF by 147.8% in the 4th quarter. Simplex Trading LLC now owns 19,041 shares of the company’s stock valued at $1,054,000 after purchasing an additional 11,358 shares during the last quarter. Finally, QVR LLC raised its stake in ProShares Short VIX Short-Term Futures ETF by 8.7% in the 4th quarter. QVR LLC now owns 25,001 shares of the company’s stock valued at $1,385,000 after purchasing an additional 2,000 shares during the last quarter.

ProShares Short VIX Short-Term Futures ETF Company Profile

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.