Traders Purchase Large Volume of ProShares Ultra VIX Short-Term Futures ETF Call Options (BATS:UVXY)

ProShares Ultra VIX Short-Term Futures ETF (BATS:UVXYGet Free Report) was the target of unusually large options trading activity on Friday. Traders acquired 102,514 call options on the stock. This is an increase of approximately 35% compared to the typical volume of 75,787 call options.

ProShares Ultra VIX Short-Term Futures ETF Stock Up 5.3 %

Shares of BATS:UVXY opened at $19.37 on Friday. The stock has a fifty day moving average of $19.99 and a 200 day moving average of $24.17.

Institutional Investors Weigh In On ProShares Ultra VIX Short-Term Futures ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. SJS Investment Consulting Inc. acquired a new position in shares of ProShares Ultra VIX Short-Term Futures ETF during the 4th quarter valued at $47,000. Creative Planning acquired a new stake in shares of ProShares Ultra VIX Short-Term Futures ETF in the third quarter valued at $513,000. Integrated Advisors Network LLC bought a new position in ProShares Ultra VIX Short-Term Futures ETF during the third quarter valued at about $658,000. Vima LLC acquired a new position in ProShares Ultra VIX Short-Term Futures ETF during the third quarter worth about $1,224,000. Finally, Raffles Associates LP raised its position in ProShares Ultra VIX Short-Term Futures ETF by 300.0% in the third quarter. Raffles Associates LP now owns 100,000 shares of the company’s stock worth $2,493,000 after acquiring an additional 75,000 shares in the last quarter.

ProShares Ultra VIX Short-Term Futures ETF Company Profile

(Get Free Report)

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.

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