ProShares Ultra VIX Short-Term Futures ETF Target of Unusually High Options Trading (BATS:UVXY)

ProShares Ultra VIX Short-Term Futures ETF (BATS:UVXY) saw unusually large options trading on Friday. Stock investors acquired 102,514 call options on the stock. This is an increase of approximately 35% compared to the average daily volume of 75,787 call options.

ProShares Ultra VIX Short-Term Futures ETF Price Performance

UVXY traded down $0.12 during trading on Friday, hitting $18.40. The company had a trading volume of 14,249,815 shares. The stock has a fifty day moving average of $20.06 and a 200-day moving average of $24.17.

Hedge Funds Weigh In On ProShares Ultra VIX Short-Term Futures ETF

Large investors have recently added to or reduced their stakes in the company. SJS Investment Consulting Inc. bought a new position in ProShares Ultra VIX Short-Term Futures ETF in the 4th quarter worth approximately $47,000. Creative Planning bought a new stake in ProShares Ultra VIX Short-Term Futures ETF during the 3rd quarter valued at $513,000. Integrated Advisors Network LLC acquired a new position in ProShares Ultra VIX Short-Term Futures ETF during the 3rd quarter worth $658,000. Vima LLC bought a new position in shares of ProShares Ultra VIX Short-Term Futures ETF in the third quarter worth $1,224,000. Finally, SG Americas Securities LLC increased its holdings in shares of ProShares Ultra VIX Short-Term Futures ETF by 35.0% during the fourth quarter. SG Americas Securities LLC now owns 270,039 shares of the company’s stock valued at $5,595,000 after purchasing an additional 70,040 shares during the period.

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.