HCEP Management Ltd Acquires New Holdings in 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 fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 555,426 shares of the company’s stock, valued at approximately $19,956,000. ProShares Ultra VIX Short-Term Futures ETF comprises approximately 16.3% of HCEP Management Ltd’s portfolio, making the stock its 2nd largest position.

A number of other large investors have also recently added to or reduced their stakes in UVXY. Goldman Sachs Group Inc. grew its stake in ProShares Ultra VIX Short-Term Futures ETF by 13.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 340,165 shares of the company’s stock valued at $7,970,000 after acquiring an additional 40,000 shares during the last quarter. JPMorgan Chase & Co. grew its stake in ProShares Ultra VIX Short-Term Futures ETF by 204.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 202,753 shares of the company’s stock valued at $3,802,000 after acquiring an additional 136,220 shares during the last quarter. NewEdge Advisors LLC acquired a new stake in ProShares Ultra VIX Short-Term Futures ETF in the 2nd quarter valued at about $237,000. Bank of America Corp DE grew its stake in ProShares Ultra VIX Short-Term Futures ETF by 87.8% in 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 last quarter. Finally, Group One Trading LLC acquired a new stake in shares of ProShares Ultra VIX Short-Term Futures ETF during the 2nd quarter worth about $15,731,000.

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

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

ProShares Ultra VIX Short-Term Futures ETF Company Profile

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.