Ramsey Quantitative Systems Purchases Shares of 25,780 ProShares Ultra VIX Short-Term Futures ETF $UVXY

Ramsey Quantitative Systems acquired a new position in shares of ProShares Ultra VIX Short-Term Futures ETF (BATS:UVXY) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 25,780 shares of the company’s stock, valued at approximately $926,000. ProShares Ultra VIX Short-Term Futures ETF accounts for approximately 0.8% of Ramsey Quantitative Systems’ investment portfolio, making the stock its 6th largest position.

Other institutional investors have also modified their holdings of the company. IMC Chicago LLC purchased a new position in shares of ProShares Ultra VIX Short-Term Futures ETF in the 3rd quarter valued at $266,000. Horizon Wealth Management LLC acquired a new stake in ProShares Ultra VIX Short-Term Futures ETF during the 3rd quarter worth $253,000. FNY Investment Advisers LLC lifted its position in ProShares Ultra VIX Short-Term Futures ETF by 67.7% in the third quarter. FNY Investment Advisers LLC now owns 26,000 shares of the company’s stock valued at $271,000 after acquiring an additional 10,500 shares during the last quarter. Integrated Advisors Network LLC boosted its stake in ProShares Ultra VIX Short-Term Futures ETF by 3.1% in the third quarter. Integrated Advisors Network LLC now owns 40,500 shares of the company’s stock valued at $423,000 after acquiring an additional 1,200 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in ProShares Ultra VIX Short-Term Futures ETF by 44.3% in the third quarter. Bank of America Corp DE now owns 384,151 shares of the company’s stock valued at $4,011,000 after acquiring an additional 117,900 shares in the last quarter.

ProShares Ultra VIX Short-Term Futures ETF Stock Up 10.5%

Shares of UVXY stock opened at $55.05 on Friday. The stock’s 50-day moving average is $41.66 and its two-hundred day moving average is $46.47. ProShares Ultra VIX Short-Term Futures ETF has a 1 year low of $33.95 and a 1 year high of $266.05.

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.