Brookstone Capital Management Buys New Holdings in 2x Long VIX Futures ETF $UVIX

Brookstone Capital Management acquired a new position in shares of 2x Long VIX Futures ETF (BATS:UVIX) in the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 161,520 shares of the company’s stock, valued at approximately $1,399,000. Brookstone Capital Management owned about 0.81% of 2x Long VIX Futures ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mariner LLC acquired a new position in 2x Long VIX Futures ETF in the fourth quarter valued at $86,000. Barclays PLC raised its position in 2x Long VIX Futures ETF by 148.5% during the 4th quarter. Barclays PLC now owns 33,470 shares of the company’s stock worth $191,000 after buying an additional 20,000 shares during the last quarter. FirstWave Capital Management LLC acquired a new stake in 2x Long VIX Futures ETF in the fourth quarter valued at about $5,031,000. StoneX Group Inc. acquired a new position in 2x Long VIX Futures ETF during the 4th quarter worth approximately $130,000. Finally, Mach 1 Financial Group LLC acquired a new stake in shares of 2x Long VIX Futures ETF in the 4th quarter valued at approximately $452,000.

2x Long VIX Futures ETF Trading Down 3.1%

Shares of BATS UVIX opened at $3.47 on Friday. 2x Long VIX Futures ETF has a 52 week low of $3.08 and a 52 week high of $23.65. The firm has a 50-day moving average price of $4.63 and a 200 day moving average price of $6.00.

About 2x Long VIX Futures ETF

The 2x Long VIX Futures ETF (UVIX) is an exchange-traded fund that is based on the Long VIX Futures index. The fund tracks an index that provides 2x daily leveraged exposure to a portfolio comprising first- and second-month VIX futures positions with a weighted average maturity of one month. UVIX was launched on Mar 28, 2022 and is managed by Volatility Shares.