Vima LLC Invests $1.22 Million in ProShares Ultra VIX Short-Term Futures ETF (BATS:UVXY)

Vima LLC acquired a new position in shares of ProShares Ultra VIX Short-Term Futures ETF (BATS:UVXY) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 49,100 shares of the company’s stock, valued at approximately $1,224,000. ProShares Ultra VIX Short-Term Futures ETF accounts for 2.5% of Vima LLC’s investment portfolio, making the stock its 12th biggest holding. Vima LLC owned 0.75% of ProShares Ultra VIX Short-Term Futures ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Creative Planning acquired a new position in ProShares Ultra VIX Short-Term Futures ETF during the third quarter worth about $513,000. SG Americas Securities LLC acquired a new stake in ProShares Ultra VIX Short-Term Futures ETF during the 3rd quarter valued at approximately $4,986,000. Finally, Jane Street Group LLC increased its position in ProShares Ultra VIX Short-Term Futures ETF by 6,615.3% during the 1st quarter. Jane Street Group LLC now owns 1,322,978 shares of the company’s stock valued at $8,361,000 after purchasing an additional 1,303,277 shares during the period.

ProShares Ultra VIX Short-Term Futures ETF Stock Performance

BATS:UVXY traded up $1.95 on Monday, reaching $29.06. 13,085,239 shares of the stock traded hands. The firm has a fifty day moving average of $25.83 and a 200 day moving average of $27.17.

ProShares Ultra VIX Short-Term Futures ETF 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.