ProShares Ultra VIX Short-Term Futures ETF (NYSEARCA:UVXY) Shares Gap Down to $31.50

ProShares Ultra VIX Short-Term Futures ETF (NYSEARCA:UVXY)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $33.51, but opened at $31.50. ProShares Ultra VIX Short-Term Futures ETF shares last traded at $29.10, with a volume of 10,895,130 shares changing hands.

The business has a fifty day moving average price of $29.06 and a 200 day moving average price of $35.87.

Several institutional investors have recently modified their holdings of the company. SG Americas Securities LLC purchased a new stake in shares of ProShares Ultra VIX Short-Term Futures ETF during the 1st quarter worth about $11,703,000. AMS Capital Ltda purchased a new stake in shares of ProShares Ultra VIX Short-Term Futures ETF during the 1st quarter worth about $970,000. Global Retirement Partners LLC purchased a new stake in shares of ProShares Ultra VIX Short-Term Futures ETF during the 1st quarter worth about $31,000. Rational Advisors LLC purchased a new stake in shares of ProShares Ultra VIX Short-Term Futures ETF during the 1st quarter worth about $565,000. Finally, TCG Advisors LP purchased a new stake in shares of ProShares Ultra VIX Short-Term Futures ETF during the 1st quarter worth about $103,000.

ProShares Ultra VIX Short-Term Futures ETF Company Profile (NYSEARCA:UVXY)

ProShares Ultra VIX Short-Term Futures ETF seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) the daily performance of the S&P 500 VIX Short-Term Futures Index. UVXY provides leveraged exposure to the S&P 500 VIX Short-Term Futures Index, which measures the returns of a portfolio of monthly VIX futures contracts with a weighted average of one month to expiration.

Featured Story: Fibonacci Channel

Receive News & Ratings for ProShares Ultra VIX Short-Term Futures ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Ultra VIX Short-Term Futures ETF and related companies with MarketBeat.com's FREE daily email newsletter.