JPMorgan Chase & Co. Decreases Stock Position in ProShares Short VIX Short-Term Futures ETF (BATS:SVXY)

JPMorgan Chase & Co. trimmed its holdings in shares of ProShares Short VIX Short-Term Futures ETF (BATS:SVXY) by 54.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 7,710 shares of the company’s stock after selling 9,050 shares during the period. JPMorgan Chase & Co. owned approximately 0.14% of ProShares Short VIX Short-Term Futures ETF worth $386,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Mariner Investment Group LLC bought a new position in ProShares Short VIX Short-Term Futures ETF during the third quarter valued at approximately $9,170,000. IMC Chicago LLC purchased a new stake in ProShares Short VIX Short-Term Futures ETF during the 3rd quarter valued at $6,447,000. Flow Traders U.S. LLC bought a new position in shares of ProShares Short VIX Short-Term Futures ETF during the 3rd quarter valued at $2,123,000. Selway Asset Management boosted its stake in shares of ProShares Short VIX Short-Term Futures ETF by 34.2% in the 3rd quarter. Selway Asset Management now owns 55,700 shares of the company’s stock worth $2,791,000 after buying an additional 14,200 shares during the last quarter. Finally, DRW Securities LLC bought a new stake in shares of ProShares Short VIX Short-Term Futures ETF in the third quarter worth $256,000.

ProShares Short VIX Short-Term Futures ETF Price Performance

ProShares Short VIX Short-Term Futures ETF stock opened at $51.36 on Thursday. The firm’s 50 day moving average price is $51.32 and its two-hundred day moving average price is $51.23.

About ProShares Short VIX Short-Term Futures ETF

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.