HCEP Management Ltd Acquires Shares of 555,426 ProShares Ultra VIX Short-Term Futures ETF $UVXY

HCEP Management Ltd acquired a new stake in ProShares Ultra VIX Short-Term Futures ETF (BATS:UVXY) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 555,426 shares of the company’s stock, valued at approximately $19,956,000. ProShares Ultra VIX Short-Term Futures ETF accounts for approximately 16.3% of HCEP Management Ltd’s holdings, making the stock its 2nd biggest holding. HCEP Management Ltd owned about 2.23% of ProShares Ultra VIX Short-Term Futures ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Group One Trading LLC purchased a new stake in ProShares Ultra VIX Short-Term Futures ETF during the second quarter worth about $15,731,000. JPMorgan Chase & Co. lifted its position in shares of ProShares Ultra VIX Short-Term Futures ETF by 141.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 489,465 shares of the company’s stock valued at $5,110,000 after acquiring an additional 286,712 shares during the period. Bank of America Corp DE lifted its position in shares of ProShares Ultra VIX Short-Term Futures ETF by 87.8% during the 2nd quarter. Bank of America Corp DE now owns 266,251 shares of the company’s stock valued at $4,992,000 after acquiring an additional 124,450 shares during the period. Prelude Capital Management LLC lifted its position in shares of ProShares Ultra VIX Short-Term Futures ETF by 107.4% during the 3rd quarter. Prelude Capital Management LLC now owns 116,446 shares of the company’s stock valued at $1,216,000 after acquiring an additional 60,302 shares during the period. Finally, Raffles Associates LP acquired a new stake in shares of ProShares Ultra VIX Short-Term Futures ETF during the 2nd quarter valued at approximately $938,000.

ProShares Ultra VIX Short-Term Futures ETF Trading Down 6.8%

UVXY stock opened at $28.73 on Friday. The firm has a 50 day moving average of $36.33 and a 200-day moving average of $40.15. ProShares Ultra VIX Short-Term Futures ETF has a 12-month low of $27.45 and a 12-month high of $118.70.

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.