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

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

ProShares Ultra VIX Short-Term Futures ETF Stock Down 0.6 %

ProShares Ultra VIX Short-Term Futures ETF stock traded down $0.12 during trading hours on Friday, reaching $18.40. 14,249,815 shares of the company were exchanged. The firm has a 50 day moving average price of $20.06 and a 200-day moving average price of $24.17.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. SG Americas Securities LLC raised its stake in ProShares Ultra VIX Short-Term Futures ETF by 35.0% during the 4th 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 last quarter. IMC Chicago LLC acquired a new position in shares of ProShares Ultra VIX Short-Term Futures ETF during the fourth quarter valued at about $4,917,000. Raffles Associates LP lifted its stake in shares of 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 valued at $2,493,000 after buying an additional 75,000 shares during the period. Vima LLC acquired a new stake in ProShares Ultra VIX Short-Term Futures ETF during the third quarter worth about $1,224,000. Finally, 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.

About ProShares Ultra VIX Short-Term Futures ETF

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.