Simplex Trading LLC Buys 20,039 Shares of ProShares Short VIX Short-Term Futures ETF (BATS:SVXY)

Simplex Trading LLC grew its stake in shares of ProShares Short VIX Short-Term Futures ETF (BATS:SVXY) by 79.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 45,228 shares of the company’s stock after purchasing an additional 20,039 shares during the period. Simplex Trading LLC owned approximately 0.84% of ProShares Short VIX Short-Term Futures ETF worth $2,264,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of SVXY. Commerce Bank bought a new stake in ProShares Short VIX Short-Term Futures ETF during the 3rd quarter valued at approximately $239,000. DRW Securities LLC purchased a new position in shares of ProShares Short VIX Short-Term Futures ETF in the 3rd quarter valued at approximately $256,000. Flow Traders U.S. LLC bought a new stake in shares of ProShares Short VIX Short-Term Futures ETF during the third quarter valued at approximately $2,123,000. Finally, IMC Chicago LLC grew its stake in ProShares Short VIX Short-Term Futures ETF by 31.3% in the fourth quarter. IMC Chicago LLC now owns 168,913 shares of the company’s stock worth $8,456,000 after purchasing an additional 40,249 shares during the period.

ProShares Short VIX Short-Term Futures ETF Trading Down 2.3 %

SVXY opened at $47.89 on Friday. ProShares Short VIX Short-Term Futures ETF has a 12-month low of $38.60 and a 12-month high of $64.22. The stock has a fifty day simple moving average of $49.42 and a two-hundred day simple moving average of $49.93.

ProShares Short VIX Short-Term Futures ETF 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.