JPMorgan Chase & Co. Has $1.19 Million Stake in -1x Short VIX Futures ETF (BATS:SVIX)

JPMorgan Chase & Co. lowered its position in -1x Short VIX Futures ETF (BATS:SVIX) by 28.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 44,000 shares of the company’s stock after selling 17,200 shares during the quarter. JPMorgan Chase & Co. owned approximately 1.13% of -1x Short VIX Futures ETF worth $1,191,000 at the end of the most recent reporting period.

Separately, Flow Traders U.S. LLC lifted its holdings in -1x Short VIX Futures ETF by 130.1% during the 3rd quarter. Flow Traders U.S. LLC now owns 58,950 shares of the company’s stock valued at $1,596,000 after purchasing an additional 33,335 shares during the last quarter.

-1x Short VIX Futures ETF Stock Performance

BATS:SVIX opened at $27.16 on Friday. The company has a 50 day moving average of $27.02 and a two-hundred day moving average of $29.33.

-1x Short VIX Futures ETF Profile

The -1x Short VIX Futures ETF (SVIX) is an exchange-traded fund that is based on the Short VIX Futures index. The fund tracks an index that provides daily inverse exposure to a portfolio comprising first- and second-month VIX futures positions with a weighted average maturity of one month. SVIX was launched on Mar 30, 2022 and is managed by Volatility Shares.